The portfolio has the following weighted averages: total return of 20.7%, projected average return (PAR) of 15.8%, upside / downside ratio of 4.5 to 1 and a relative value of 93.2. These are all good averages. The portfolio is almost fully invested in stocks with only 5% cash.
This month we purchased initial positions in Amgen and Bed, Bath and Beyond. We also purchased additional shares in UTStarcom and Commerce Bank Corp.
All of the club’s transactions have been loaded into NAIC’s Portfolio Record Keeper (v.5). The program calculates internal rates of return accurately and also generates a number of useful reports. See the Appraisal Report and the Performance Report for this month.