A fund designed to trade the Silver $/ounce price, aiming to grow and protect capital against underlying 'real' inflation and beat long term market based deposit rates.
The fund will trade in spreadbet 'contracts' based on a margin requirement of £5 per contract where one contract equates to £1 per silver cent point.
The start fund will be £1000 with a maximum margin of 15% of the current fund value. A ( - ) indicates a short position (profit from a down move) and a ( + ) indicates a long one.
14/12/2007 - Silver 13.75 - B/ce : £1,000
buy 2 contracts @ 13.75 ( +2 ) margin £10
17/12/2007 - Silver 13.75 - B/ce : £1,000
buy 1 contract @ 13.75 ( +3 ) margin £15
31/12/2007 Year End / Dec close - Silver 14.77
Portfolio Balance : £1,306
Month Return : 31 %
16 December 2007
FTSE 100 Spreadbet Fund (Dec)
A fund designed to trade the FTSE 100 index, aiming to outperform the index and long term market based deposit rates.
The fund will trade in spreadbet 'contracts' based on a margin requirement of £50 per contract where one contract equates to £1 per FTSE point.
The start fund will be £1000 with a maximum margin of 30% of the current fund value. A ( - ) indicates a short position (profit from a down move) and a ( + ) indicates a long one.
10/12/2007 - FTSE 6575 - B/ce : £1,000
sold 2 contracts @ 6575 ( -2 ) margin £100
12/12/2007 - FTSE 6600 - B/ce : £950
sold 1 contract @ 6600 ( -3 ) margin £150
17/12/2007 - FTSE 6320 - B/ce : £1,790
buy 1 contract @ 6320 ( -2 ) margin £100
18/12/2007 - FTSE 6260 - B/ce : £1,910
buy 1 contract @ 6260 ( -1) margin £50
18/12/2007 - FTSE 6330 - B/ce : £1,840
buy 1 contract @ 6330 ( 0 ) margin £0
24/12/2007 - FTSE 6480 - B/ce : £1,840
sold 2 contracts @ 6480 ( -2 ) margin £100
27/12/2007 - FTSE 6495 - B/ce : £1,810
sold 1 contract @ 6495 ( -3 ) margin £150
31/12/2007 Year End / Dec close - FTSE 6457
Portfolio Balance : £1,924
Month Return : 92 %
The fund will trade in spreadbet 'contracts' based on a margin requirement of £50 per contract where one contract equates to £1 per FTSE point.
The start fund will be £1000 with a maximum margin of 30% of the current fund value. A ( - ) indicates a short position (profit from a down move) and a ( + ) indicates a long one.
10/12/2007 - FTSE 6575 - B/ce : £1,000
sold 2 contracts @ 6575 ( -2 ) margin £100
12/12/2007 - FTSE 6600 - B/ce : £950
sold 1 contract @ 6600 ( -3 ) margin £150
17/12/2007 - FTSE 6320 - B/ce : £1,790
buy 1 contract @ 6320 ( -2 ) margin £100
18/12/2007 - FTSE 6260 - B/ce : £1,910
buy 1 contract @ 6260 ( -1) margin £50
18/12/2007 - FTSE 6330 - B/ce : £1,840
buy 1 contract @ 6330 ( 0 ) margin £0
24/12/2007 - FTSE 6480 - B/ce : £1,840
sold 2 contracts @ 6480 ( -2 ) margin £100
27/12/2007 - FTSE 6495 - B/ce : £1,810
sold 1 contract @ 6495 ( -3 ) margin £150
31/12/2007 Year End / Dec close - FTSE 6457
Portfolio Balance : £1,924
Month Return : 92 %
Subscribe to:
Posts (Atom)