Argenta Syndicate Management Limited has provided us with updated forecasts for the open years of Syndicate 2121 based on data as at 30 June 2020. These are as follows

Year of account

Capacity

Forecast range

2018

£340,000,000

13.5% loss to 3.5% loss

2019

£339,845,000

12.5% loss to 2.5% profit

The forecasts are unchanged from those based on data as at 31 March 2020.

As ever, forecasts are expressed as a percentage of allocated syndicate capacity and are after all standard personal expenses, but before members’ agents’ fees and charges.