Predict the winners of lockdown easing – and win £1,000 a week
Fantasy Fund Manager is back for a third season, with weekly treats and a £5,000 grand prize
The third season of the game begins next week
Normally, Telegraph Money advocates the “get rich slow” approach. But with fantasy investing, the opposite strategy is required.
Without risking a penny of your own, you could be quids in by playing Season Three of Fantasy Fund Manager, our stock-picking game, launching this Tuesday.
Everyone starts with a notional £100,000 to buy between five and 20 stocks from the FTSE 350, with unliited trading. The best performing fund each week wins £1,000, while whoever is top after two months takes home the £5,000 grand prize.
This column normally believes in long-term investing – let’s say over five years or more – so it’s a drastic change of course to seek to double our money in a week. Rest assured that we will go back to “get rich slow” next week, but today we aim to help readers win one of the new weekly prizes in our Fantasy Fund Manager competition, the latest round of which begins next Tuesday.
In this third contest in the series we have increased the weekly prizes very significantly from £100 to £1,000 so there is now a strong incentive for readers to try their hand at this alternative, quick-fire approach to making money on shares.
Brexit will be key for players next year
Company takeovers can be unreliable but being on the right side of one has propelled this Fantasy Fund Manager to the weekly £100 prize.
Jackson Read, a 25-year-old from Southend-on-Sea, turned around the performance of his Jacko Cap portfolio, which rose from £94,993 to £107,372 this week, pushing him into the top 350 players overall.
Despite being a stock market trader, Mr Read is unable, for compliance reasons, to invest his own money in the stock market. “The Telegraph competition offers me a way to test myself against others,” he said.
He struck big by holding Signature Aviation, an aeroplane manufacturer. Shares in the company rose by 50pc after private equity firm BlackStone Group put in a $4.3bn (£3.2bn) bid for the firm.