Portfolio: Model 30
Friday 23 May
| Net exposure ratio | 50% net long |
| Gross exposure ratio | 160% |
| Maximum weighting on short positions in stocks | 10% of fund's value |
| Maximum weighting on long positions in stocks | 20% of fund's value |
| Index exposure | 15% |
| Short term | Medium term | Action | ||||||
| EPIC | Name | Sector | Forecast | Rating | Forecast | Rating | Price | |
| AAL | Anglo American | Mining | up | * * * * | down | * * * * | 3463 | Buy |
| AZN | Astrazeneca | Pharmaceuticals | down | * * * | down | * * * | 2217 | Neutral |
| AV. | Aviva | Life Assurance | down | * * * | down | * * * * | 612.5 | Neutral |
| BARC | Barclays | Banks | up | * * * * | down | * * * * | 396.75 | Buy |
| BA. | BAE Systems | Aerospace & Def. | down | * * * | up | * * * | 450.5 | Neutral |
| BG | BG Group | Oil & Gas | up | * | up | * * * | 1327 | Neutral |
| BLT | BHP Billiton | Mining | down | * * * | down | * * * * | 2037 | Neutral |
| BP. | BP | Oil & Gas | up | * | up | * * * | 642.25 | Neutral |
| BATS | Br. American Tob. | Tobacco | up | * * * * | up | * * * | 1910 | Buy |
| BLND | British Land | Real Estate | down | * * * | down | * * * | 808.5 | Neutral |
| BSY | BSkyB | Media | down | * * * | down | * * * * | 531.5 | Neutral |
| BT.A | BT Group | Telecoms | down | * * * | down | * * * | 228.25 | Stay short |
| CBRY | Cadbury Schweppes | Food Producers | up | * | down | * * * * | 691 | Neutral |
| CNE | Cairn Energy | Oil & Gas | up | * | up | * * * | 3532 | Neutral |
| CPI | Capita | Support Services | down | * * * | down | * * * | 668 | Neutral |
| CNA | Centrica | Gas, Water & Multiutilities | down | * * * | down | * * * | 288.25 | Neutral |
| CPG | Compass Group | Travel & Leisure | down | * | down | * * * * | 360.5 | Neutral |
| DGE | Diageo | Beverages | up | * * * | up | * * * | 979.5 | Stay long |
| UKX | FTSE 100 | Index | down | * * * | down | * * * * | 6151 | Stay short |
| GSK | Glaxosmithkline | Pharmaceuticals | up | * * * | down | * * * | 1133.5 | Stay long |
| HBOS | HBOS | Banks | down | * | down | * * * * | 441 | Neutral |
| HSBA | HSBC Holdings | Banks | down | * | down | * * * * | 856.75 | Neutral |
| IPR | International Power | Electricity | up | * * * * | down | * * * * | 448 | Buy |
| EMG | Man Group | General Financial | down | * * * | down | * * * * | 574.5 | Neutral |
| JMAT | Johnson Matthey | Chemicals | up | * * * | up | * * * | 1897 | Stay long |
| KGF | Kingfisher | General Retailers | down | * | down | * * * * | 137.8 | Neutral |
| LAD | Ladbrokes | Travel & Leisure | down | * * * | down | * * * * | 306 | Neutral |
| MKS | Marks & Spencer | General Retailers | down | * * * * | down | * * * | 393 | Sell |
| NG | National Grid | Gas, Water & Multiutilities | up | * * * | up | * * * | 730 | Neutral |
| PSN | Persimmon | Household Goods | down | * * * | down | * * * | 531 | Neutral |
| RB | Reckitt Benckiser | Household Goods | down | * * * | up | * * * | 2935 | Neutral |
| SAB | Sabmiller | Beverages | down | * * * * | down | * * * * | 1225 | Sell |
| SGE | Sage | Software & Computer | down | * * * | down | * * * | 220.25 | Stay short |
| SVT | Severn Trent | Water | down | * * | up | * * * | 1410 | Neutral |
| SN. | Smith & Nephew | Healthcare | down | * | up | * * * | 550 | Neutral |
| STAN | Standard Chartered | Banks | down | * * * | down | * * * * | 1796 | Neutral |
| TSCO | Tesco | Food & Drug Retailers | down | * | up | * * * | 418.5 | Neutral |