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READER PORTFOLIOS: The Fair Shares Investment Club's portfolio comes under the microscope

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.

Background details:

Name: The Fair Shares Investment Club

Age: Various from 33 to 70 19 Members and 1 vacancy

How long have you been investing? 11 years

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

CompanyShares heldPrice pValue
Albemarle & Bond3050235£7,167.50
Anglo Pacific2193269£5,899.17
Aviva409371£1,517.39
BAE Systems650357£2,320.50
BP470638£2,998.60
Cobham1600264£4,224.00
Dignity260642£1,669.20
GlaxoSmithKline3051246£3,800.30
Lloyds Banking Group275667£1,846.52
Marks & Spencer620376£2,331.20
Morgan Sindall470574£2,697.80
PV Crystalox Solar320047£1,504.00
RC Group819568£5,572.60
ROK Property900037.5£3,375.00
Rolls-Royce1220592£7,222.40
Scottish & Southern3001129£3,387.00
Shanks4800103£4,944.00
Tesco1100405£4,455.00
Torotrak13025.5£33.15
Vodafone1725148£2,553.00
Premium Bonds5400100£5,400.00
TOTAL£69,518.33

Asset allocation:

SECTORHOLDING
AEROSPACE19.7%
FINANCIAL SERVICES12.1%
RESOURCES8.7%
RETAIL12.9%
CONSTRUCTION12.7%
OTHER8.0%
ELECTRONICS4.8%
SUPPORT SERVS7.1%
PHARMA5.4%
ELECTRICITY8.7%