JPMorgan Telegraph Fantasy Fund Manager game

[NFG]

I thought that you had to keep at least 25% cash at all times?

[Surprised]

I thought that you had to keep at least 25% cash at all times?

nope................its at least 25/75 split between equities and specialist funds.
No restrictions on cash holdings as far as I know
But i do have 2 pounds 61 pence in cash for some reason

[NFG]

I thought that you had to keep at least 25% cash at all times?

nope................its at least 25/75 split between equities and specialist funds.
No restrictions on cash holdings as far as I know
But i do have 2 pounds 61 pence in cash for some reason

I'm confused now

If I go to Edit my Portfolio the first row is;
Cash - JP Morgan Sterling Liquidity Fund, which I can't edit.
Whats that all about?

[Knulpuk]

I thought that you had to keep at least 25% cash at all times?

nope................its at least 25/75 split between equities and specialist funds.
No restrictions on cash holdings as far as I know
But i do have 2 pounds 61 pence in cash for some reason

I'm confused now

If I go to Edit my Portfolio the first row is;
Cash - JP Morgan Sterling Liquidity Fund, which I can't edit.
Whats that all about?

If you invest in other funds / up your percentages - then this will go down by an equal and opposite amount ie this is the unapplied cash.

[Surprised]

I thought that you had to keep at least 25% cash at all times?

nope................its at least 25/75 split between equities and specialist funds.
No restrictions on cash holdings as far as I know
But i do have 2 pounds 61 pence in cash for some reason

I'm confused now

If I go to Edit my Portfolio the first row is;
Cash - JP Morgan Sterling Liquidity Fund, which I can't edit.
Whats that all about?

It's right that you can't edit it.
If you invest in another fund then the balance in the JP Morgan Sterling Liquidity Fund will drop.
As ity's your cash balance it only changes as you buy or sell funds

[NFG]

Cheers guys

You may have guessed I'm not an Investment Proffessional either.

[NFG]

I'm now confused by their terminology?

I originally had
35% Specialist
30% Overseas Equities
10% UK Equitys
25% Cash

I wanted to buy 25% more Specialist


It wouldn't let me buy anything other than Bonds without breaking their 75% Equity/Specialist rule.

Is that right?

[Knulpuk]

I'm now confused by their terminology?

I originally had
35% Specialist
30% Overseas Equities
10% UK Equitys
25% Cash

I wanted to buy 25% more Specialist


It wouldn't let me buy anything other than Bonds without breaking their 75% Equity/Specialist rule.

Is that right?

Yes - you could invest your cash in Bonds and be ok but not in equity / specialist as you are already maxed out in them at 75%. You may be able to up your specialist at the expense of equities a bit - maybe not the full 25%.

[NFG]

Cheers Knulpuk

I think it would have been a bit clearer if they had just said you can only have 75% invested in Funds, be it an Overseas Specialist Fund or a UK Equities Fund or whatever?
They're all funds after all.

I have until midnight to change my mind so I'll go and have another look.

[DrBunker]

35% Specialist
30% Overseas Equities
10% UK Equitys
25% Cash

Interesting. I've got:

9% Cash
35% Specialist
31% Bonds
15% UK Equities
10% Overseas Equities (half of this is really bonds though)

You didn't fancy any fixed interest/bond exposure then?

[DrBunker]

Strangely, their most popular funds are completely different when you look at last week versus overall:

Last week:

1 JPMorgan Natural Resources
2 BlackRock Gold & General
3 JPMorgan Chinese Trust
4 Newton International Bond
5 M&G Strategic Corporate Bond
6 JPMorgan Russian Securities Trust
7 JPMorgan Indian Trust
8 JPMorgan American Trust
9 M&G Corporate Bond
10 M&G Gilt & Fixed Interest Income

Overall:

1 AEGON Sterling Corporate Bond
2 Royal London Corporate Bond
3 AXA Framlington Managed Income
4 Old Mutual Corporate Bond
5 AEGON Global Bond
6 Norwich Union Norwich Higher Income Plus
7 AEGON Ethical Corporate Bond
8 Standard Life Corporate Bond
9 Henderson Preference & Bond
10 AEGON High Yield Bond

Not a single cross-over even though the game has been running for less than 2 days

[Surprised]

35% Specialist
30% Overseas Equities
10% UK Equitys
25% Cash

Interesting. I've got:

9% Cash
35% Specialist
31% Bonds
15% UK Equities
10% Overseas Equities (half of this is really bonds though)

You didn't fancy any fixed interest/bond exposure then?

Mine is
27.5% Bonds
63.7% Specialist
8.8% Overseas Equities

[NFG]

35% Specialist
30% Overseas Equities
10% UK Equitys
25% Cash

Interesting. I've got:

9% Cash
35% Specialist
31% Bonds
15% UK Equities
10% Overseas Equities (half of this is really bonds though)

You didn't fancy any fixed interest/bond exposure then?

I'm trying to get Premium Bonds but they won't let me.

[marc09]

i am in 4th in the mini league.

without having a clue how to play or what to do..

happy days..

[bluenosey]

Kickers certainly kicking some butt at the moment - only one over 1% growth :-

Rank Change User Change %
1 Kickers XI 2.79%
2 Stoned Husky 0.75%
3 Michelle Marsh 0.73%
4 marc09 0.27%
5 barnaby 0.18%
6 SUZYKINS 0.17%
7 NFG Fiso 0.11%
8 quizking 0.11%
9 STEVE2 0.06%
10 stephenmounsey 0.06%
11 DrBunker 0.05%
12 Nick Fleecem 0.03%
13 TheBigD -0.07%
14 alien ant farm -0.09%
15 Shaggy365 -0.23%
16 KaKaMyPants -0.23%
17 wwwTradeclothingCom -0.26%
18 Knulpuk -0.29%
19 TommyMooney -0.31%
20 FISO -0.37%
21 John Hunt Taunton -0.44%
22 theone442 -0.92%
23 Rumpa -1.37%
24 Peoples -1.81%
25 bw1972 -2.20%
26 JWJ Costain -2.69%
27 Slav -2.75%

[NFG]

That's week one over and well done kickers XI, up 9.64% and in 5th place overall.

The overall leader is up 14.07% I thought the World Economy was in freefall.

1 Kickers XI 9.64%
2 TommyMooney 3.16%
3 Knulpuk 1.41%
4 quizking 1.26%
5 wwwTradeclothingCom 0.79%
6 FISO 0.66%
7 stephenmounsey 0.46%
8 STEVE2 0.33%
9 marc09 0.24%
10 NFG Fiso 0.22%
11 DrBunker 0.10%
12 Shaggy365 -0.01%
13 Stoned Husky -0.01%
14 John Hunt Taunton -0.23%
15 alien ant farm -0.27%
16 SUZYKINS -0.41%
17 TheBigD -0.44%
18 barnaby -0.75%
19 Michelle Marsh -0.77%
20 theone442 -0.84%
21 Nick Fleecem -0.97%
22 Rumpa -1.15%
23 KaKaMyPants -1.36%
24 Slav -1.47%
25 JWJ Costain -1.62%
26 bw1972 -1.90%
27 Peoples -2.27%

[Surprised]

That's week one over and well done kickers XI, up 9.64% and in 5th place overall.

The overall leader is up 14.07% I thought the World Economy was in freefall.

1 Kickers XI 9.64%
2 TommyMooney 3.16%
3 Knulpuk 1.41%
4 quizking 1.26%
5 wwwTradeclothingCom 0.79%
6 FISO 0.66%
7 stephenmounsey 0.46%
8 STEVE2 0.33%
9 marc09 0.24%
10 NFG Fiso 0.22%
11 DrBunker 0.10%
12 Shaggy365 -0.01%
13 Stoned Husky -0.01%
14 John Hunt Taunton -0.23%
15 alien ant farm -0.27%
16 SUZYKINS -0.41%
17 TheBigD -0.44%
18 barnaby -0.75%
19 Michelle Marsh -0.77%
20 theone442 -0.84%
21 Nick Fleecem -0.97%
22 Rumpa -1.15%
23 KaKaMyPants -1.36%
24 Slav -1.47%
25 JWJ Costain -1.62%
26 bw1972 -1.90%
27 Peoples -2.27%

Pretty happy with this so far!
I keep waiting for things to go into freefall and I plummet down the leaderboard

[timmsy]

Right I've just got round to joining the mini league (in 4th place)

Not looked since I registered on 26/3 so it was an autopick

[foreverengland]

Just joined ML as well guys.

Seems all pot luck to me, but then again I guess Timmsy proved last year that it might not be!

Good luck all.

[bluenosey]

Latest positions - Kickers still kicking ass :-

FISO (Rank: 478)Rank Change User Change %
1 Kickers XI 10.32%
2 TommyMooney 4.53%
3 timmsy 3.22%
4 quizking 2.60%
5 Knulpuk 2.29%
6 stephenmounsey 2.22%
7 Stoned Husky 1.94%
8 Rumpa 1.75%
9 STEVE2 1.38%
10 FISO 1.06%
11 The Cyentist 1.06%
12 Shaggy365 0.97%
13 barnaby 0.81%
14 SUZYKINS 0.80%
15 Nick Fleecem 0.76%
16 DrBunker 0.74%
17 alien ant farm 0.73%
18 bloggie 0.69%
19 marc09 0.55%
20 TheBigD 0.53%
21 KaKaMyPants 0.50%
22 wwwTradeclothingCom 0.47%
23 NFG Fiso 0.38%
24 theone442 0.28%
25 John Hunt Taunton 0.26%
26 Michelle Marsh 0.17%
27 Slav -0.68%
28 bw1972 -0.98%
29 JWJ Costain -1.68%
30 Peoples -2.37%
Mini League Performance 1.18%

[timmsy]

I really must have a look whose in my portfolio at least I picked my houses

[benwootton]

just shows how crap these funds are imo, could do better than that on my own.

[NFG]

Does this game have a major flaw in it?

I just looked at my portfolio and one fund was doing particularly badly.

I had invested 10% in it ( nominally £10,000) and it was down to £9,600ish

So I sold it, and bought a new fund ( 10% nom) which is valued at £10,200

I appear to have made £600 simply by selling a loss making fund and buying a profitable fund. The fund I sold was obviously worth less than 10% of my total value, but the game doesn't seem to take that into Account?

If I'm reading this correctly, all you need to do is keep buying the best performing fund and selling your worst performing fund and you'll `make'money every time.

Is this how the leader has made 20% already?

[Surprised]

Does this game have a major flaw in it?

I just looked at my portfolio and one fund was doing particularly badly.

I had invested 10% in it ( nominally £10,000) and it was down to £9,600ish

So I sold it, and bought a new fund ( 10% nom) which is valued at £10,200

I appear to have made £600 simply by selling a loss making fund and buying a profitable fund. The fund I sold was obviously worth less than 10% of my total value, but the game doesn't seem to take that into Account?

If I'm reading this correctly, all you need to do is keep buying the best performing fund and selling your worst performing fund and you'll `make'money every time.

Is this how the leader has made 20% already?

Just tried and it didn't do that for me

[tommymooney]

Does this game have a major flaw in it?

I just looked at my portfolio and one fund was doing particularly badly.

I had invested 10% in it ( nominally £10,000) and it was down to £9,600ish

So I sold it, and bought a new fund ( 10% nom) which is valued at £10,200

I appear to have made £600 simply by selling a loss making fund and buying a profitable fund. The fund I sold was obviously worth less than 10% of my total value, but the game doesn't seem to take that into Account?

If I'm reading this correctly, all you need to do is keep buying the best performing fund and selling your worst performing fund and you'll `make'money every time.

Is this how the leader has made 20% already?

Did that happen overnight? I thought trades happened for the next day - or did this happen instantly?

[NFG]

Does this game have a major flaw in it?

I just looked at my portfolio and one fund was doing particularly badly.

I had invested 10% in it ( nominally £10,000) and it was down to £9,600ish

So I sold it, and bought a new fund ( 10% nom) which is valued at £10,200

I appear to have made £600 simply by selling a loss making fund and buying a profitable fund. The fund I sold was obviously worth less than 10% of my total value, but the game doesn't seem to take that into Account?

If I'm reading this correctly, all you need to do is keep buying the best performing fund and selling your worst performing fund and you'll `make'money every time.

Is this how the leader has made 20% already?

Did that happen overnight? I thought trades happened for the next day - or did this happen instantly?

The trades pending, so it's possible that the figures will be adjusted at midnight. However, at the moment it shows that I've purchased £10,286 worth of funds, with £9,600 worth of currency.

[DrBunker]

The trades pending, so it's possible that the figures will be adjusted at midnight. However, at the moment it shows that I've purchased £10,286 worth of funds, with £9,600 worth of currency.

Let us know how it goes!

[NFG]

The trades pending, so it's possible that the figures will be adjusted at midnight. However, at the moment it shows that I've purchased £10,286 worth of funds, with £9,600 worth of currency.

Let us know how it goes!

Will do

Just to clarify, my total fund currently stands at £102,864.14p

The new purchase is £10,286.14p ( i.e exactly 10% of total )

The old fund that was sold was worth £9,656 ( originally 10% but now worth only 9.39% of my total fund). So in theory I should only be able to purchase £9,656 of the new fund.

It's the way they seem to have fixed the percentages, when in reality they are constantly changing that is confusing.

[timmsy]

Still hasn't shown the changes I made to the portfolio yesterday and it changed from Midday to today

Also all the mini league figures have disappeared

[Surprised]

Still hasn't shown the changes I made to the portfolio yesterday and it changed from Midday to today

Also all the mini league figures have disappeared

They did maintenance last night....looks like they may have hit a problem I think as it can't take this long to sort things out