July 2017: Portfolio Update.

A flat month with a barely there gain of 0.25%, the FTSE  managing a slightly better 0.81%, but still behind on a year to date basis.

Near double digit losses on both tobacco stocks, but more gains on Berkeley which has now achieved 49% capital gain since purchase.

Another strange no dividend month.

Merchant Adventurer's Index
			Forecast	1 month	YTD	79 mth
	Price	% holding	Div. yield	% gain	% gain	% gain
Aviva	539.00p	14.79%	3.92%	2.47%	4.46%	48.98%
National Grid	936.80p	14.30%	4.78%	-1.58%	-9.76%	83.25%
BP	445.80p	10.51%	5.86%	0.68%	-12.52%	5.35%
Apple **	$148.73	8.91%	1.14%	1.92%	19.97%	209.47%
Lloyds	65.58p	27.02%	0.00%	-0.86%	2.29%	6.56%
Berkeley Group	3496.00p	10.78%	0.00%	8.34%	24.50%	49.04%
Imperial Brands	3120.00p	3.31%	4.50%	-9.53%	-11.93%	38.11%
BAT	4713.50p	3.39%	3.31%	-9.94%	1.99%	40.52%
Vodafone	222.00p	2.30%	5.31%	1.95%	11.08%	-12.01%
SSE	1379.00p	1.44%	6.65%	-5.09%	-11.20%	12.57%
Royal Dutch Shell	2127.00p	2.49%	1.05%	2.04%	-9.20%	-22.27%
Cash		0.76%	0.00%
		100.00%	2.49%
				1 month	YTD	79 mth
Virtual Portfolio gain (incl. Dividends)
- 1 month gain   2377.13	2414.66			0.25%
- YTD gain         2248.97	2414.66				5.50%
- 79 month gain 1264.20	2414.66					91.00%
- 91 month gain 1000.00	2414.66					141.47%
Unit Price - £	2.41466	(Starting price - £1)
FTSE gain (excl. Dividends)
- 1 month gain   7312.70	7372.00			0.81%
- YTD gain         7142.80	7372.00				3.21%
- 79 month gain 5971.01	7372.00					23.46%
- 91 month gain 5412.88	7372.00					36.19%