Winners for the 12-month leg of the Sunday Times mini portfolio investing competition were announced in todays' Money section of the Sunday Times newspaper. The TOP-40 Magic Formula portfolio submitted by us came fourth, despite the recent demise in one of its shares, namely ACL which lost over 20% in the wake of the Sishen/Kumba dispute. The period measured is March 2009 to end Feb 2010 so it effectively captures the whole run-up of the JSE since the great trough of March 2009.

You can read it on page 10 of Money or at the Sunday Times web site