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Growth Portfolio - March

March 2007

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.

Overall the Growth Portfolio shows a decline of 2.9% on the month. That is hardly surprising in a period which has seen the main indices take a hammering. But we’re quite grateful for a wobble in the markets as value should re-emerge. It’s situations like this which create the opportunities to find the really big winners, whether they be issues which were underpriced to get them away or whether it is just a company that goes through a temporarily unloved moment when skittish investors sell into low volumes. Either way, the set back in markets is all the more pleasing as we had already locked in profits and weeded out the weak performers last month to raise the cash balance. There was only one further trade this month ...

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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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