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Growth Portfolio 2- March

March 2005

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.

Having risen  every month since August (during which time theportfolio has risen 43%), the Growth Portfolio consolidated its gainsthis month but is again 3% ahead, whilst our two benchmarks arevirtually unchanged. One of the plus points when operating a portfolio is that there isalways something to keep your interest. The star this month wasNETeller which confirmed its first step towards expanding into Asia,with the acquisition of Quick Access, which operates a system enablingChinese consumers to make internet payments and provides NETeller withvital banking relationships. Expansion of this kind is likely tocontinue on a country-by-country basis so expect further acquisitions. Plenty of positive news flow elsewhere als ...

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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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