Investment Performance, Indicators and Statistics

In order to understand and analyse our investment decisions, we compute a number of performance values and statistics on a monthly basis. Most of these are reported on this Web page. The table below acts a reference point and depicts 10 indicators that should be of interest from an investment perspective for the Club. Data from here would also assist in understanding the club's behaviour over time in an investment context.

Click on any of the hyperlinks in the table below or just scroll down to the appropriate charts. These are updated on a monthly basis after the completion of the monthly accounts.

  1. Unit Value: It shows UV since the creation of the Club
  2. NAV v Subs: It compares the Club's Net Asset Value (NAV) and members' funds
  3. NAV v Portfolio: It determines how much of the club's funds are invested in the Stock market.
  4. Sectors: It segments all the club's equity purchases into appropriate Sectors
  5. Markets: It segments all the club's equity purchases into appropriate Markets
  6. Transactions distribution: It depicts the proportion of "buy" and "sale" shares on a yearly basis
  7. Sale Transactions: It measures the performance of "sale" transactions on a yearly basis
  8. Value of Sale Transactions: It measures the Pound () value of the "sale" transactions on a yearly basis
  9. Mobius Unit Value versus FTSE-All Share index

Unit Value

The chart below illustrates the Club's unit value (UV) since its creation. The UV is a key measure for the club accounts and to a certain extent performance. The UV reflects the purchase price of a Unit in the club and is used to convert the members' monthly payments into Units.

The UV is calculated on a monthly basis. The UV is equal to the Net Asset Value of the Club (NAV) divided by the number of units issued. The UV was set at 100p (pence) when the club was setup (October 1997).

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NAV versus Subs

The graph below shows the club's investment performance over time. This is one of the best way to examine the club's investment performance. It is a basic measure linking how much the main investors of the club (i.e. members) put in and the current worth of their investment. The first chart (Subs) depicts the members' funds (monthly subscription and possible on-off investments). The second chart (NAV) represents the club's worth (Net Asset Value).

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NAV versus Portfolio

The graph below depicts two charts; the club's NAV (Net Asset Value) and the amount invested by the Club in equity (portfolio). Usually, the other part is kept in cash. A small gap between the two charts often demonstrates the club's high confidence in investing in the Stockmarket (Bullish). A large gap indicates that the club is "Bearish" and believes that (temporarily) it is better to hold assets in cash rather than equity.

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Sectors

The club has invested in a variety of Sectors over the last 7 to 8 years. Below is a compilation of all investment sorted by Sectors. The chart depicts all the share transactions todate sorted by Sectors..

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Markets

The club has invested in the major UK markets over the last 7 to 8 years. Below is a compilation of all investments sorted by UK markets. The chart depicts all the share transactions todate sorted by Markets.

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Investment Transactions

The figure below shows the number of sale and buy transactions since the Club's creation.

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Performance of Sale Transactions

The chart below and the next one are key indicators for the club's performance. We measure the success of the investments below by examining the number of "sale transactions" that resulted in profit and the number that led to a loss. For example in 2002, the Club had sold 10 shares of its portfolio, 2 of those were profits and 8 were a loss. In 2003, the situation reversed to 5 transaction out of 8 being profit.

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Effective Value of Sale Transactions

Like the chart above, we measure the success of the investments by examining the pound worth of the overall sale transactions in terms of profit or loss. These are the amount of profit/loss incurred by the Club as a result of share sales.

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Unit Value versus FTSE-Allshare rebased

This chart compares the performance of club's portfolio against a relevant benchmark. Given that the majority of the club's investments are made in UK securities, it seems logical to use the FTSE-AllShare.

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These parts below need updating/revisiting

  1. Distribution of amount invested per share: It calculates the distribution of amount spent for the purchase of shares on a yearly basis.
  2. All Completed share transactions (profit and Loss)
  3. AGM 2006/07 Target: To beat the FTSE-allshare index by at least 5%.
  4. AGM 2005/06 Target: To beat the FTSE-allshare index.

Unit Value versus FTSE-Allshare rebased in December 2006

This chart tracks the Mobius UV and FTSE-allshare index rebased in December 2006 (monthly updates).

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Unit Value versus FTSE-Allshare rebased in November 2005

This chart tracks the Mobius UV and FTSE-allshare index rebased in November 2005 (monthly updates).

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Amount invested

The chart below depicts the distribution for the amount spent per purchase for every year. Five classes are defined: 0-500, 500-1000, 1000-1500, 1500-2000 and 2000+. Early years, with a small number of members, the average was low, around 600 in 1997. As the fund available for investment grew and also the members' confidence in buying in larger blocks, this has risen to between 1500 and 2000.

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