Sale: Barclays
Written by Portfolio Updates   
Wednesday, 04 November 2009

Security sold from the Money? What Money? investment portfolio:

Company Name: Barclays
Symbol: BARC
First Held: 27th November 2008
Holding Sold: 100%
Date Sold: 4th November 2009
Price: 330.74 Pence
Profit: 51%

Summary:

Having achieved a better than expected 50% profit we sold out holding in Barclays to release capital for other investments.  The banking index of which the Barclays shares was initially a part has suffered due to a failure to fully factor in the impact dealing costs on the overall return.