30 June 2022
By Maynard Paton
Happy Thursday! I trust your shares continue to perform better than mine during 2022.
A summary of my portfolio’s progress:
- Q2 return: -2.9%*.
- Q2 trades: None.
- YTD return: -15.7%* (FTSE 100: -1.0%)
- YTD winners/losers: 2 winners vs 9 losers.
(*Performance calculated using quoted bid prices and includes all dealing costs, withholding taxes, broker-account fees and paid dividends)
My portfolio’s 2.9% Q2 drop leaves my shares 15.7% lower this year and nursing their worst half-year decline since I commenced this blog at the start of 2015. I think I have to go right back to the second half of 2011 to find a similarly underwhelming six-month performance.
At least Q2 did not reveal any major RNS disappointments. Andrews Sykes, Mountview Estates and M Winkworth in fact lifted their ordinary dividends while S & U and Tasty disclosed promising progress despite the uncertain economy.
But the market’s disillusionment towards smaller companies is leaving many of my shares marooned at best.