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The Growth Portfolio 2 - April

April 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A good month for the portfolio, in that it consolidated last month's  8.2% gain, with a rise of 1.3%. Both our benchmarks had small declines. The portfolio is now 13 months old. At thispoint it is reminiscent of the performance of Growth Portfolio 1which, launched in November 1994, had risen by 34.9% by December ayear later and had just moved into a new high.  Over the next fewyears, the total increase was 1088% before we terminated it. Back thenthe indices stood much lower, 3630.0 for the FTSE and 1773.4 for theAll-Share, but Sharewatch doesn't buy the market, but individualcompanies.   The first portfolio was begun as an exerciseto illustrate that small companies can outperform both in the shortand ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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