ShareLink offers portfolio management service

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SHARELINK, the no-frills share-dealing service for small investors, is offering cut-price access to a do-it-yourself portfolio management service.

The service, called the Real Income Return Portfolio Management System, has been devised by MD Management, an independent adviser.

Investors subscribe for a newsletter that makes detailed recommendations for setting up a portfolio of UK shares. The recommendations are based on a system devised by MD Management, which uses various formulae to assess the relative cheapness of stocks.

ShareLink says that in the first 14 months of operation, MD Management's recommended portfolio produced a return of 16 per cent.

Until 19 January, people subscribing to the service through ShareLink can receive the newsletter for pounds 72 a year, which represents a 40 per cent discount on the normal charge of pounds 120.

For more information, telephone 021-236 2126.