We are in the final furlong of the iShares trading game, where players have been busy shuffling £10m of virtual money between various exchange traded funds.
And extraordinarily successful they have been! With just three trading days to go before the final reckoning, the Top 100 competitors, sponsored by Barclays Global Investors, have racked up gains of more than 9.5 per cent.
That includes SayNoToStampDuty in 100th place. But the league is headed by AL, with £11,867,432 — just a smidgen ahead of recent pace-maker cjgreenway, with 11,844,471. A tight field behind these leaders has nickos700, with a return of 16.78 per cent to date, while sometime high-flyers like dubaibull (up 14.11 per cent) and tricky99 (up 14.08 percent) are going to have to take some risks if they want to be in the final running…
So what’s looking good?
On Tuesday it was a guess-ers’ market — the iShares DJ Euro STOXX MidCap was showing the best performance, up 2.08 at £36.28. Otherwise bonds and property etfs were looking sensible places to park cash.
Turkey and Taiwan were the markets to avoid, where the relevant MSCI funds were down 2.6 at £20.51 and 1.82 at £20.05, respectively.
So if you are in the game, get playing. Final tallies will be drawn up after this Sunday’s formal close.
