Friday, August 15, 2014

Month Three Performance - 4%

Despite the market gyrations on July 31st and during the first week of August, the test portfolio has held up ok.  Here's this month's results.


And here is the 3 month performance graph.


Gainers this month:  Great Canadian Gaming (GC) up a handsome 28% since portfolio inception.  Equitable Group (EQ) up a respectable 8%, Stantec (STN) up 7% and Gildan (GIL) up 6%.

Losers this month:  West Fraser Timber (WFT) continues it's decline with a loss of over 6%, CGI (GIB.A) and Linamar (LNR) both flat since portfolio inception.

Total dividends paid out to date are $34, latest from Gildan on Aug 12, and portfolio growth is now $1419.

Here's the portfolio returns for the past 3 months:

Aug: 4%, $1419
Jul: 3%, $1027
Jun: 0.5%, $186

Market pundits anticipate a mostly sideways market until October/November, so I expect September to be a less than interesting month on the markets.