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Growth Portfolio 2 - June 2006

June 2006

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.

The long-awaited shakeout came this month with falls across the board; the portfolio declined by 6%, more or less in line with the two benchmarks. Most of this decline came from longstanding holdings where we have good profits and in fact, the more recent additions like Caretech, Scott Wilson and Interactive Prospect (IPT) hardly flinched. On one day when the FTSE Index was down, we recall IPT going up 25p to a new high. Even Portrait and Renew, tipped last month but not in the portfolio,have moved higher and we expect the market over the summer will remain one for stock picking. IPT’s rise was assisted by news of a French acquisition as we foreshadowed in our main write up in April. We expect continuing volatility in the next mont ...

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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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