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Standard & Poor&#39s Micropal Top 10s

The Govett US bear fund is back at the top of the unit trust tables,

reflecting the continuing sluggish nature of global equity markets. The

fund reverse-tracks the S&P 500 index, performing well when markets are at

their worst.

The average unit trust return for the past year is now down to -16.83 per

cent, meaning £1,000 lump sum invested a year ago would now be worth

£832. Investment trusts have fared slightly better, with the average

return for the past year at -5.29 per cent.

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