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Alpha: Phil Oakley's shares round-up 6 December

Phil's not making election predictions, but the strategy of picking quality shares is one for the long-term regardless of political events.
December 6, 2019

With the upcoming general election and the US-China trade disputes rumbling on there is plenty of uncertainty to move markets. I make no firm prediction for the election or where stock markets are heading, but I retain the view that UK shares are cheap and could rally on a Conservative victory, as could sterling. Such an outcome would be good for companies that earn in pounds but may lead to a muted response from the FTSE 100, where several large companies make the bulk of their profits overseas.

Turning to thinking about my Fantasy Sipp portfolio, I'm happy with how the shares in it have done. Owning shares in growing businesses at reasonable valuations remains key to decent returns and this is working for the Fantasy Sipp, which still ranks fourth in my list of peers and benchmarks for year-to-date performance and on a full one-year basis, it comes top. 

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