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Growth Portfolio 2 - November

November 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.

The portfolio is up 5.0% over the month, below the performances recorded by our two benchmarks. Regular subscribers will have noted that, having avoided the technology sector for the last two years, our move back into the sector last month now seems remarkably prescient. Judging by prices generally, there seems to have been a general diversion of investment money away from other areas and into technology. The speed of the recovery has caught most investors by surprise and the present position is particularly tricky because share prices have rallied strongly. There was one addition and onedisposal over the month. The addition was Xansa, which we noted wasoffering a double digit yield. Xansa was available at the price of 34por le ...

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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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