WEEK 19 UPDATE
While the weather is warming up in the UK and across Europe this weekend, so are the US debt negotiations between the Republicans and Democrats. The impasse has resulted in generally weak equity markets this week.
The performance of technology companies continues to dominate portfolio performance. None more so than US based chip company Nvidia, which is at the forefront of the AI revolution and has produced stellar earnings results that has its catapulted its shares by an astonishing 155% this year in GBP terms (at the time of writing). The Anglo-Portuguese Alliance from Highlands College are holders of the stock, and it means that they are now second in the league table and only 0.11% behind long-terms leaders, The 5 Muskateers from Beaulieu Convent School. BSG from Victoria College are now third with a superb 26.15% rise in the value of their portfolio this year.
The second-best performing stock this year that is held in the portfolios is US-based Elf Beauty, up 74% this year in GBP terms that recently reported quarterly results that topped analysts’ expectations. This is held by Mercury Investments of Hautlieu School.
Turning to the school’s table, it is no surprise to see Highlands College still top of the tree with an impressive 19.95% average return across their portfolios. De La Salle remain in second place with an average return of 12.78% across their portfolios with Beaulieu Convent School only 0.92% behind in third with a 11.86% average return.
To find out more, go to: www.ashburtoninvestments.com/int/investmentchallenge