We bought our second month's investment on 4/jan/10 with the full £1000 invested in the Scottish Widowws Latin Amertica A Acc fund.
The current situation is:
Our Portfolio: £2122.56
Tracker Fund: £2054.54
A whopping £122.56 profit and £68.02 up on a tracker after just one month.
Wednesday, 6 January 2010
Tuesday, 1 December 2009
So, can we beat the market.
We think we can beat the market (FTSE100) by at least 20% over the next `12 months by investing £1000 per month in funds, using a selection process we have developed. This blog will track the success (or failure) of this attempt.
Our £1000 investment will be made on the 1st of each month, we can switch up to twice in a month and can buy up to 2 funds with each £1000 invested at a split of our choice. each fund switched must switch 100% into one other fund.
To kick off we have gone for a 50;50 split into the First State Greater China Growth Fund and the Scottish Widows latin America Fund.. so our portfolio looks thus:
FIRST STATE Greater China Growth Fund - 159 Shares - £498.74
SCOTTISH WIDOWS Latin America Acc - 144 Shares - £500.11
Balance in Cash - £1.15
Our £1000 investment will be made on the 1st of each month, we can switch up to twice in a month and can buy up to 2 funds with each £1000 invested at a split of our choice. each fund switched must switch 100% into one other fund.
To kick off we have gone for a 50;50 split into the First State Greater China Growth Fund and the Scottish Widows latin America Fund.. so our portfolio looks thus:
FIRST STATE Greater China Growth Fund - 159 Shares - £498.74
SCOTTISH WIDOWS Latin America Acc - 144 Shares - £500.11
Balance in Cash - £1.15
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