Portfolio Update – Down 3.00% in August 2011

My portfolio balances at close of trading on 31st August were:

Ticker Price (C$) Price Change Percentage Industry
BHP $ 83.39 -4.67% 7.2% Materials
COS.TO $ 23.41 -10.34% 6.7% Energy
ERF.TO $ 28.67 -3.76% 6.8% Energy
GS $ 113.80 -11.77% 0.0% Financial
INTC $ 19.71 -7.63% 6.5% Technology
MFC.TO $ 13.39 -11.79% 4.0% Financial
PHY-U.TO $ 15.59 16.19% 8.1% Gold
SVU $ 7.80 -5.04% 4.9% Services
TD.TO $ 77.47 1.28% 6.7% Financial
IBM $ 168.32 -3.13% 0.5% Technology
KMP $ 68.70 n/a 4.9% Energy
S&P Fund $ 97.99 -3.07% 14.8% US Equity Fund
Bond Fund $ 209.04 1.14% 28.6% Bond Fund
Cash     0.3% Cash
Total     100.0%  

Overall my portfolio is down 1.96% since last month, despite additional cash contributions. Without these cash contributions the portfolio would be down 3.00%.

For comparison the index is down only 0.13%, the DOW is down 4.36% and the TSX is down 1.37%.

The major factor this month was a large and unexpected retreat on all major stock markets caused by US and European debt troubles, and the surprise downgrade of US debt. The S&P500 (^GSPC) was down 13% at one point during the month, and the TSX (^GSPTSE) was down 8%. Indices rallied before the end of the month and, without this rally, my losses would have been far worse.

In mitigation, gold has performed very well: my gold fund is up over 13%. My bond fund performed well too, and is up 1.14%.

Key stocks that performed especially poorly are:

  • Canadian Oil Sands (COS.TO), down 10%
  • Goldman Sachs (GS), down 12%
  • Manulife (MFC.TO), down 12%

Key statistics:

  • CAD$ = 1.0213 US$
  • Thoughtful Investor Index = 96.97
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