nov09 update

For the month of November, Wifts Investment Club returned 1.00% comapred to 5.74% of S&P500. The portfolio underperformed the S&p500 by 4.74%.

FRX led the biggest gainer with 10.81% followed by BAC and DD with 8.71% and 8.67 respectively. JNJ was also up by 6.42%.

Biggest decliners were ACET which was down 5.53% followed by OME down 5.53%. AMN, which is our largest holding with about 12% of our portfolio, was down 3.42%.

November was a pretty quiet month for us. We did not make any transaction. However, due to new contributions our cash position has gone up to 14.63%.

Partnership NAV for the month ending November was $9.524.