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Who knows what will happen to the stock market next?
You can be seen to be the investment guru in this fun competition.
How will it react to Covid-19?
Will oil prices recover? What effect will Brexit have?
Will Commercial Property suffer as retail stays online?
Who knows but join our competition and you decide.
The Rotary Club of West Fife FTSE 100 Competition Autumn 2021
(a fund raising idea successfully inaugurated in 2007 by founding member Cliff Mackenzie)
4. Each competitor will be given a notional £50,000 to invest in companies within the FTSE 100 listing. Entrants have to invest the full £50,000 into a maximum of ten shares but where that is not possible due to the share price/number of shares purchased, the residual must be less than £10. No more than £12,500 can be held in one share. No trading is allowed during the competition.
[The program will automatically calculate and display the total sum invested, but should not exceed £50,000.] If one or more company falls out of the FTSE 100 it will be treated as if it were still in the FTSE 100. No account will be taken of dividends, only share valuations.
7 Entries must be completed and forwarded to FTSE100@rcwf.co.uk by Monday 30th August 2021. Once selections are made no change can be made to your portfolio.
8 Prizes will be awarded to the contestants
who have made the highest gain over the period or in the event of there being
no gain the least loss will deemed to be the winner. The ‘wooden spoon’ will go to the contestant
who has shown the lowest gain or the greatest loss over the period [whichever
is appropriate].
1st prize £250, 2nd prize £150, 3rd
prize £ 75, 4th
prize £ 25, Wooden Spoon Bottle of malt whisky
9 The gain will be measured from the value of
your shares at the commencement of business on Wednesday 1st September
2021. This means that gains or losses before then won’t be counted. Weekly progress reports will be circulated by
email.
The first report will be made as at close of business on Friday 10th
September 2021.
This website might be useful to you in making your choices -
https://www.hl.co.uk/news/articles/uk-stock-market-and-funds-review-on-the-road-to-recovery
10 Leaders will also be displayed on website www.rcwf.co.uk on a weekly basis.
Privacy Notice: Email addresses will be kept confidential via BCC communications, will not be given to third parties and will not be used for any other purpose.