to STAR Online and the STAR Investors Association
section briefly outlines the background to the STAR equity portfolio methods
and the STAR bulletins as well as providing links to the numerous press
comments and articles as well as performance records of STAR share selections
over the past couple of decades.
for the establishment of the STAR Investors Association are summarised
below but for more detail do please get in touch directly with John Mulligan,
the developer of STAR and Editor of the bulletin, at STAR
would like to post a comment or query on this website please email your
contribution to the editor at STAR
Editor and I shall then post it on the website section set aside
for Members Comments .
- What it is and where it's going
Share Tracking and Ranking (STAR) bulletins have been developed
over almost 20 years in order to provide investors with a totally
impartial aid to selecting and managing shares for private equity
portfolios. The background to the STAR methods and the portfolio
results over the past 20 years are summarised in the sections below.
For independent comment on the STAR value investing process please
check out the Press
more than 15 years the monthly STAR bulletins were produced personally
by John Mulligan through his FSA regulated investment research company
MD Management Limited. Then, in March 2009, the production and marketing
of the bulletin was transferred to Whitechurch Securities, the Bristol
based financial advisory firm.
as regular STAR users are aware, Whitechurch Securities has been
unable to continue the monthly production of the bulletin because
the person at Whitechurch who was responsible for that activity
has left the company. As a result the monthly number crunching and
editorial of the STAR bulletins has reverted back to the founder.
unplanned change has actually been the catalyst for a complete alteration
in the function and direction of the STAR bulletin. It is now planned
that the monthly bulletins will be the focal point of a regular
electronic magazine linking all members of the STAR Investors Association.
In addition to the existing monthly STAR updates the expanded electronic
publication will contain basic market comments, notes on wider investment
strategy, letters from readers and analytical profiles on specific
listed companies highlighted by the STAR screening process.
STAR Aims and Performance
STAR - Aims and Performance
The STAR sections of the monthly
bulletins provide a basic framework to build and manage your own
share portfolio, simply and at very low cost. There are two share
selection templates:- one for Capital Growth and the other primarily
for Income. The
aim is to achieve an overall return, for portfolios of ten and twenty
shares, that is significantly better than that from the FTSE All
Share Index over the longer term. Full guidelines to using STAR
are contained in the
The actual results since
the mid 1980s prove that this simple but well researched process
has indeed worked very well. The average annual price gains recorded
by the top ten shares selected for capital growth have in
fact outperformed the annual FTSE ASI gains in 20 out of the past
27 years. In this period the STAR selections have risen in price
more than 6 times faster than the Index.
details on the past performance of the 10 share selections please
click on STAR
For details on the past performance of the 20 share selections please
click on STAR
The STAR Investors
It is planned
that subscribers to the STAR bulletin will automatically become
members of the STAR Investors Association. Members of the association
will be entitled to receive the STAR bulletin free of charge as
well as being able to participate in investment workshops, occasional
company visits and other activities proposed by members themselves.A
draft proposal will be circulated to all current STAR subscribers
asking for comments and suggestions for taking this idea forward
and also for ways in which the membership may be increased in order
to add weight to the voice of the association in matters of interest
to all investors.
All members and
readers of this website are invited to post a comment or query related
to investment matters by emailing your contribution to the editor
at STAR Editor and
I shall then post it on the website section set aside for Members
For more information
and for a sample copy of a recent copy of the STAR bulletin just
email the editor at firstname.lastname@example.org.