One month performance - 0.5%

Well after one month, the performance of this test portfolio has been pretty lack luster.  It's up about half on one percent (before commissions).  Two weeks ago, the portfolio had reached almost 2%, but has since given back those gains.  The $10 cash in the last table row indicates the dividend received from Linamar (LNR) and Equitable Group (EQB) during the past month. Click on any of the images to expand them.

The drag on the portfolio is attributed to West Fraser Timber (WFT) which is down almost 7% since portfolio inception.  Otherwise, the portfolio would be making a return of about 2-3% as you can see from the average returns of most of the stocks in this basket.  I would have expected West Fraser to have benefited from the continued housing gains in the U.S. meh.

Portfolio profit is $108.

It looks like the steam has run out for Linamar.  I mean 3% for the last month is nothing to sneeze at but it pales in comparison to the returns that Linamar was getting in 2013. The chart below shows a one month comparison of Linamar vs. Magna (MG).  As you can see Linamar is pretty much flat.  Magna which is up almost 8% on the month, is the another auto parts manufacturer.  Both Linamar and Magna did well during 2013 as the U.S. auto industry continues it's recovery.

The best performing stock in the portfolio is Great Canadian Gaming (GC), up over 9%, but I think this is attributable to the recent purchase of Poker Stars by Amaya Gaming group (AYA) for 4.9 billion dollars, yes billions.  The one month return on Amaya's stock is 173%.

Check back in next month to see if the portfolio has gained any footing, but I expect that the markets will go sideways over the summer months, unless something spectacular happens. Have a great day.