Pierre Bonart

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From Fund Selection 01 March 2005

By PWM Editor

“Quite a few changes have taken place this month regarding fund selection. We have concentrated our exposure to Asia and Japan equities by selling Nouvelle Croissance Japon and Nouvelle Croissance Asie and introducing Comgest Asia, which is invested in both areas according to stock-picking opportunities. We also sold our position in Capital International Global Equities and introduced Axa World Talents and OPA Monde. Both funds are more concentrated on their main convictions.”

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