Share club valuation @ 1 Oct 2016

[Beachboy]

Here are the figures for the Cashback Investment Club's latest valuation, based on our investments and cash holdings as at 1 Oct

Since the last valuation on 3 Sep, the club's unit price has dropped from £1.1005 to £1.0581 (was 1.0611*), a change of -3.85%. See Unit price calculations

Members have paid a further £147.22 (was 137.22*) into the club since 3 Sep, and these have been converted to units at the new price of £1.0581. You can see a history of your own payments here

We currently have 19 members who have made 213 payments into the club totalling £4,386.03. The total value of our current assets is £4,774.77. Our list of our past investment decisions can be found here, and valuations of our current holdings (based on market mid-prices) can be viewed here

Our current cash holdings consist of £199.08 held in our Co-op bank account, + a further £326.94 held in our Share Centre dealing account.

* Corrections made on 8 Oct

[Richard Frost]

Can my August payments be updated please?

[harinmenon]

Thanks for the update. Much apprecaited as always.

[Richard Frost]

Can my August payments be updated please?

Apologies, due to an error your payment didn't get included in the calculations. I've worked out why this happened, so it shouldn't happen again, and have included your payment in the calculations.

All members please note: this has slightly affected the 1 October unit price calculation; new unit price is £1.0589 not £1.0611.

This is because in my original calculation I was including William Joseph's payment in our total assets but not crediting him with units. It only makes a slight difference to your valuations, but sorry for the confusion (bit of a nightmare to recalculate I can assure you )