What has happened this quarter?
This quarter the FTSE100 has shot up! It has risen by 6.5%. As you will no doubt remember I use the progress of the FTSE 100 index purely as a benchmark. “No man is an island” and no island is an island in investing terms. The UK FTSE 100 cannot do well unless much of the Western world does well also.
Our Moderate portfolio ended the quarter an astonishing 9.13% higher!
Last month I was half apologising for our Moderate portfolios returning around 5.9% over the year. Three months later our Moderate portfolios returned 14.05% over a year. Continue reading “April 2015 Investment Review”