The Fair Shares Investment Club has been active for just over a decade and has built up a portfolio worth around £70,000.
We show details of the holdings below, while in a seperate article, Investors Chronicle economics writer Chris Dillow and Keith Bowman, equity analyst at Hargreaves Lansdown, give their views.
Name: The Fair Shares Investment Club Age: Various from 33 to 70 19 Members and 1 vacancy How long have you been investing? 11 yearsBackground details:
Our investment objectives are long term growth using a "buy and hold" approach with companies which we have selected carefully based on fundamentals. We do not trade, we invest.
Our attitude to risk is moderate
We differ from the average investor in that we are a club with a long-term approach.
Our last three trades were purchases of Vodafone and of premium bonds (February 2010, in both cases an addition to existing holdings), and a further purchase of Anglo Pacific in November 2009.
Shares on our watchlist at the moment include William Hill and Healthcare Locums.
The Fair Shares portfolio
| Company | Shares held | Price p | Value |
|---|---|---|---|
| Albemarle & Bond | 3050 | 235 | £7,167.50 |
| Anglo Pacific | 2193 | 269 | £5,899.17 |
| Aviva | 409 | 371 | £1,517.39 |
| BAE Systems | 650 | 357 | £2,320.50 |
| BP | 470 | 638 | £2,998.60 |
| Cobham | 1600 | 264 | £4,224.00 |
| Dignity | 260 | 642 | £1,669.20 |
| GlaxoSmithKline | 305 | 1246 | £3,800.30 |
| Lloyds Banking Group | 2756 | 67 | £1,846.52 |
| Marks & Spencer | 620 | 376 | £2,331.20 |
| Morgan Sindall | 470 | 574 | £2,697.80 |
| PV Crystalox Solar | 3200 | 47 | £1,504.00 |
| RC Group | 8195 | 68 | £5,572.60 |
| ROK Property | 9000 | 37.5 | £3,375.00 |
| Rolls-Royce | 1220 | 592 | £7,222.40 |
| Scottish & Southern | 300 | 1129 | £3,387.00 |
| Shanks | 4800 | 103 | £4,944.00 |
| Tesco | 1100 | 405 | £4,455.00 |
| Torotrak | 130 | 25.5 | £33.15 |
| Vodafone | 1725 | 148 | £2,553.00 |
| Premium Bonds | 5400 | 100 | £5,400.00 |
| TOTAL | £69,518.33 |
Asset allocation:
| SECTOR | HOLDING |
|---|---|
| AEROSPACE | 19.7% |
| FINANCIAL SERVICES | 12.1% |
| RESOURCES | 8.7% |
| RETAIL | 12.9% |
| CONSTRUCTION | 12.7% |
| OTHER | 8.0% |
| ELECTRONICS | 4.8% |
| SUPPORT SERVS | 7.1% |
| PHARMA | 5.4% |
| ELECTRICITY | 8.7% |
