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GT Global Income Trust to concentrate on UK equity

GT Invesco says it is confident that its Income Growth Trust is well positioned to improve performance following the &#39Asian crisis&#39 and economic collapse of Russia.


Between March and September this year the fund manager&#39s Net Asset Value total return was -18.08 per cent compared to -14.64 per cent recorded by the FTSE Actuaries All Share Index.


Chairman Mark Howard says: &#34We are changing our objective to provide shareholders with long-term growth in both income and capital from an above average yielding portfolio comprising mainly UK equity and equity-related securities.&#34

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