DIY-Investors Sharepicks for 2011 - Performance to 31st May 2011

Subscribers to DIY-Investors.com will recall that, on 31st December 2010, we picked two portfolios, each of £10,000 for 2011. One had 10 sharepicks (£1,000 invested in each share) and the second was more concentrated - having 5 sharepicks (£2,000 invested in each share).

Performance to 31st May 2011 (5 months), as follows:

10 SHAREPICKS - Overall Gain: +15.52% (portfolio value: £11,550.61)
5 SHAREPICKS - Overall Gain: +61.23% (portfolio value: £16,124.43)

The same two portfolios, actively managed by Mick (using the techniques contained in his book "Picking Winning Shares") since March 2011, returned the following results to date:

10 SHAREPICKS - Overall Gain: +28.41% (portfolio value: £12,839.12)
5 SHAREPICKS - Overall Gain: +56.41% (portfolio value: £15,642.19)

As a comparison, the all-share index closed at 3118.86 this afternoon, a gain of 56.06 points (1.83%) above the level at the start of the year (3062.80).

As you can see, all portfolios have significantly outperformed the all share index!