The best performance was staged by the 2011 selections which added a remarkable 3%, helped by a surge in support for Royal Mail after it announced plans to streamline collection services.
The 2012 and 2013 portfolios also out-performed the FTSE 100 index with gains of around 2% over the week with STV, Signet, WPP and Halma among those to recover some of the ground lost in previous sessions. Only the latest 2014 selections disappointed to show only a marginal overall increase as progress continued to be held back by the poor showing of foreign currency earners such as IMI, Dialight and Ricardo.
We are convinced these export-led business will stage a bounce once the pound returns to reasonable levels and are encouraged by the US dollar which has risen more than 2.5% against sterling in recent weeks.
But we have already given the shares the benefit of the doubt by lowering their stop-loss levels and will evict any of these companies from the portfolio if they trigger sell signals at the new target prices.
We decided to take a punt on an export-led company on Wednesday when we added Edinburgh-based surveillance specialist IndigoVision to our 2013 portfolio.
Figures due next month will show the impact of the pound's strength earlier this year though annual profits should still show a 17% increase to around £2.4 million, with a near 50% increase in orders from the Asia Pacific region. Followers say profit margins are likely to be held back by the costs of increased employee numbers but this should show in a further boost in the coming months.