Robert Burdett

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From Fund Selection 01 February 2007

By PWM Editor

“Risk was rewarded in the final month of the fourth year of this bull market. Our selections in Asia and the emerging markets are doing best, and home markets are benefiting from their euro denominations in the face of a weakening dollar and yen. Of particular note was the strong month for the recovering Mainfirst Avant Garde fund which rose over 6 per cent during December. In the short term we stay with our allocations as we enter 2007, but with extra vigilance given the good returns achieved in the last month.”

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