Posting this a couple days late and ran the portfolio a couple days over this year due to time committments elsewhere.
A couple of my picks delisted, so have calculated their return from start to delisting:
|start||final price||% change|
|contourglobal||scheme of arrangement||256||251||-2.0%|
|yamana||plan of arrangement||395||475||20.3%|
|Portfolio Overall||1 year performance||3.8%|
|Ftse 350||1 year performance||4144||4134||-0.2%|
So a positive performance, beating ftse350 – but nothing exciting. But losing value when accounting for inflation so i’m still worse of than 1 year ago.
My last years 3 discretionary picks were all precious metals and they rose on average 9%. So my discretionary picks worked. I continue the theme with precious metals and this year my 3 picks were Endeavour mining, Anglo American and Wheaton Precious Metals as I think we are entering an era (5-10 years) of commodities out-performance.
Last years performance:
And my new picks are: