We’re now roughly nine months since I launched my watch list portfolio of alternative funds and overall I’m still looking at an average increase of around 18.48% across the 11 ideas and total returns that are over 22% (including dividends).
Crucially that 18% + gain includes the addition of four funds in recent months: Georgia Capital, India Capital Growth, Tetragon, and Phoenix Spree Deutschland.
Most of these newbie stocks are either up a few percent – in the case of Tetragon – or down a small amount – Georgia Capital. Only India Capital Growth has been a standout star and is up 29% since inclusion on the list.
The one pleasant surprise from the older list has been that PRS REIT has started to increase in value after a lull of many months where its share price seemed becalmed.
In terms of benchmarks, the FTSE All-Share index is up 14% over the last nine months.
As things stand I’m perfectly happy to stick with my list and make no changes. I had considered selling RTW Venture – up 54% – but for now, I’ll sit tight and wait. I have a sense that the fund will look to raise extra money and boost its London market profile which might help push the share price a tad higher by the end of the year,. If I did trade out of this stock, I’d probably trade straight into another biosciences investor called Arix listed on the AIM market.
|Name||Current||Original||TIDM||% gain||% change|
|PRS REIT (The) PLC||0.87||0.75||PRSR||16.00||-0.229||14.8||6.75||8.07||-14.7|
|Doric Nimrod Air Two Ltd||0.78||0.61||DNA2||27.87||-2.5||-3.7||26.8||-27.8||-59.3|
|Honeycomb Investment Trust PLC||9.45||7.65||HONY||23.53||-1.82||-1.05||5.88||3.28||-16.4|
|India Capital Growth Fund Ltd||0.961||0.744||IGC||29.17||4.68||15.5||46.9||66.8||11.2|
|Tetragon Financial Group Ltd||7.14||6.82||TFG||4.69||-1.52||-1.92||4.23||-14.5||-27.2|
|Urban Exposure PLC||0.68||0.56||UEX||21.43||3.03||-6.85||13.3||-1.45||9.68|
|Schroder European Real Estate Investment Trust Ltd||0.905||0.72||SERE||25.69||0.667||-11.3||43.2||-7.65||-13.6|
|Phoenix Spree Deutschland Ltd||3.265||3.24||PSDL||0.77||-3.55||3.32||6.87||16.6||-7.77|
|Georgia Capital PLC||5.02||5.1||CGEO||-1.57||-2.52||-3.83||39.4||-19.4||-54.6|
|RTW Venture Fund Ltd||2.36||1.525||RTW||54.75||1.72||22.9||58.9||87.3|
|Alt Credit Inv SOLD POSITION||ACI||10.9||SOLD. Bought at 750p and sold at 832p August 20|