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Neville James values Tep OEIC fund at over £30m

Neville James says its With profits Plus Fund is growing at £1m a week.


The market maker says its first OEIC to invest in Teps is now valued at over £30m.


It says annualised returns are 11.5 per cent and the investment has a lower risk than gilts and with-profits bonds.


Marketing manager Helen Langton says: &#34Being an OEIC we can minimise the risk of the fund and avoid the volatility of direct equity investment.


&#34It&#39s a fantastic opportunity to gain steady growth which is much higher than the average return on other investments.&#34



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