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LONDON — The Beginners’ Portfolio made its first buy, of Vodafone Group Plc (ADR) (NASDAQ:VOD) shares, on May 18, 2012 — and the first anniversary of the fateful day will be here on Saturday. So how has the first year gone? Here’s a snapshot at market close on May 15, accounting for all spreads and charges:
|Company||Shares||Buy Price||Total Cost||Bid Price||Gain/Loss||Change|
|Vodafone||289||168.5 p||£499.51||193 p||£48.26||9.7%|
|Tesco||159||305.5 p||£498.23||375.3 p||£88.50||17.8%|
|GlaxoSmithKline (LSE:GSK)||34||1,440.5 p||£502.22||1,717 p||£71.56||14.2%|
|Persimmon||79||617.9 p||£500.55||1,146 p||£394.79||78.9%|
|Blinkx||1,319||36.9 p||£499.68||108.8 p||£925.39||185%|
|BP (LSE:BP)||112||434.5 p||£499.01||467.5 p||£14.59||2.9%|
|Rio Tinto||16||3,048.4 p||£500.18||2,913 p||(£44.02)||(8.8%)|
|BAE Systems||146||332.3 p||£497.59||400.8 p||£77.58||15.6%|
|Aviva||146||321.4 p||£499.71||323 p||(£36.13)||(7.3%)|
It is not a real-money portfolio, but it’s run in exactly the same way — I account for actual bid/offer spreads, commissions, etc., and include dividends in these occasional performance updates.
What has changed?
Since our last update on Feb. 26, Vodafone Group Plc (ADR) (NASDAQ:VOD) shares are in the black again with an overall gain of 9.7%. Further simmering rumors of a merger with Verizon Communications Inc. (NYSE:VZ) or a buyout of Vodafone Group Plc (ADR) (NASDAQ:VOD)’s 45% stake in Verizon Communications Inc. (NYSE:VZ) have helped push the shares up as the two companies play a game of brinkmanship. Then this week we heard that Vodafone Group Plc (ADR) (NASDAQ:VOD) is to receive £2.1 billion in dividends from Verizon Communications Inc. (NYSE:VZ) — we’ll hear what Vodafone Group Plc (ADR) (NASDAQ:VOD) intends to do with it when the company releases preliminary results on May 21.