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You just can’t lose with a VCT

If I follow the logic of your leading article (Money Marketing, March 17) and the views of the Financial Services Consumer Council, the best investment I can make is to try and get a financial adviser to sell me a venture capital trust.

If it does it do well, I will make a nice profit. If it goes pear shaped, I can find some point that the adviser missed, claim it was missold and the compensation fairy will ensure that I will not lose any money.

John Trayner,St Ives,Cambridgeshire

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