Hello Everyone,
Here is a link to the February Newsletter.
After a final flourish at the end of the year, with nearly all sectors making gains in November and December, January was a bit disappointing. Only 11 out of 34 sectors went up, and all of the sectors in the ‘Steady as She Goes’ Group went down.
The best performing sector was Technology & Technology Innovation with a one-month gain of 3.2%.
Both portfolios have had another good month. In the last four weeks the Tugboat has gone up by 1.1% and the Ocean Liner has made 1.9%. All of the funds that we are currently holding have made gains since the last newsletter.
February has started reasonably well and most of the stock market indices that we track are showing month-to-date gains. The only exception is the FTSE 250, which has gone down by 0.9%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
After a final flourish at the end of the year, with nearly all sectors making gains in November and December, January was a bit disappointing. Only 11 out of 34 sectors went up, and all of the sectors in the ‘Steady as She Goes’ Group went down.
The best performing sector was Technology & Technology Innovation with a one-month gain of 3.2%.
Both portfolios have had another good month. In the last four weeks the Tugboat has gone up by 1.1% and the Ocean Liner has made 1.9%. All of the funds that we are currently holding have made gains since the last newsletter.
February has started reasonably well and most of the stock market indices that we track are showing month-to-date gains. The only exception is the FTSE 250, which has gone down by 0.9%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
Kind regards and best wishes,
Richard Webb
Managing Director
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