Robert Burdett

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From Fund Selection 01 February 2005

By PWM Editor

“In euro terms all major markets made positive grounds in December for the second month running. It was a great month for our fund selections in general, lead by Legg Mason whose stunning charge during that month quadrupled the return of the average US fund. The few disappointments came in the bond sector where Baring High Yield Bond brought up the rear. Into 2005, our equity overweight is moderate.”

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Robert Burdett

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