Robert Burdett

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From Fund Selection 01 May 2006

By PWM Editor

“March was a strange month, with good returns from US small caps and Japanese large caps, and poor returns from US large caps and Japanese small caps. Currency played its part, and overall things were quite tricky for investors looking for direction. However, the month ended well for equities, although bonds fared poorly, with funds like Credit Suisse Target Return performing best due to its total return aspect. No changes to the fund selections or asset allocations this month.”

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