16 December 2007

Silver ($/ounce) Spreadbet Fund (Dec)

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 %

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 %