Christian Jost

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From Fund Selection 01 October 2006

By PWM Editor

“We have left the asset class exposition of our portfolio virtually unchanged from August. We are still overweight in equities at 46 per cent and underweight in bonds, at 36 per cent, with alternative investments and cash at 10 per cent and at 8 per cent respectively. Due to the good relative performance of most of our fund picks, we have only changed the fixed income side. There we have sold two absolute return funds in favour of two euro-benchmarked funds, reflecting the improved outlook for euro benchmark bond prices.”

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