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Market Comment - June '18

June 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Though last month had a “get out your tin hat” tone regarding the growing cyber threat, the month before was cautiously optimistic. Encouragingly, in recent days the main UK market and smaller company indices have hit new highs, despite on/off trade wars, the on/off Korean nuclear threat and the on/off threat of Exitalia.That neatly links to the second anniversary of the Brexit vote later in June. If the UK was going to hell in a handcart it isn’t apparent in the markets. The average smaller companies fund is up more than 25% in each of the last two years (54% in total), outperforming the mainstream UK and US markets (up 37%). Inflation was going to take off to punish the Brits but in fact index-linked gilts are b ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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