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Henderson Electric and General Investment Trust down

Henderson Electric and General Investment Trust saw its net asset value per share fall by 20.3 per cent in the year ended May 2001.

The fall compares to a 6.8 per cent fall on the FTSE All-Share Index over the same period.

Blaming the results on the slowdown in the US economy, trust chairman Lindsay Bury says: “We shall focus on reliable growth companies with the intention of investing the cash held in the portfolio as opportunities arise.”

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