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Standard & Poor&#39s Micropal Top 10&#39s

Only a handful of funds are boasting positive returns for the past 12 months.

Among the equity fund sector no single fund kept out of the red during the three months to October, with the exception of Govett US bear, which aims to perform opposite to the S&P 500 index.

The average unit trust is now down by -24.79 per cent for the last year while investment trusts have fared even worse, with an average return of -25.84 per cent.

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