P225 CEEFAX 225 Sun 22 Dec 22:13/23 1/6 -,,k-,,% UNIT TRUSTS (1) + Unit trusts pool small investors' money and invest it on their behalf in stock markets at home and abroad. There are now nearly 800 trusts, run by around 100 management groups. Some trusts aim to provide income, some growth. Some spjcialise in a particular sector, eg Japan, or electronics. Unit trusts quote two prices: an off u (or sale) price and a bid (or buy back) price. Management fees - generally 5pc initially and 0.5pc to 1pc yearly - are absorbed within the "bid/offer spread". MoreP225 CEEFAX 225 Sun 22 Dec 22:44/31 2/6 UNIT TRUSTS (2) + Performance of middle-ranking trust per sector over five years to Jly 1985. (Current value of £1,000 investment, with net income reinvested). Funds in £ Sector US General 2437 71 US Growth 2268 65 US Equity Income 2459 64 North American 2666 36 International 2225 48 FT Ind Ord Index 2435 FT All-Share Index 2654 Bldg Soc ord share 1485 MoreP225 CEEFAX 225 Sun 22 Dec 22:37/58 3/6 -,,% UNIT TRUSTS (3) + Best individual pjrformjrs by sector over 12 months to Dec 1. Current value of £1,000, with net income reinvested. US General Far Eastern TR Gen Grwth 1411 Target Pacif 1344 Fed Gr & Inc 1375 Opp Pac Grth 1212 Stewart Brit 1370 Brit HK Perf 1128 US Income North American BG Inc Grwth 1567 BG America 1273 Van Hi Yield 1395 TR Am Growth 1148 S&P Scotylds 1381 Fran A & Gen 1134 Intl Growth Commod/Energy Bish Progr 1373 BG Energy 1033 BG Technolog 1339 Gartmore Oil 986 GAM £ & Int 1296 Finlay Would 957 Money Management figuresP225 CEEFAX 225 Sun 22 Dec 22:49/34 4/6 -,,* UNIT TRUSTS (4) + Best individual performers by sector over 60 months to Dec 1. Current value of £1,000, with net income reinvested. US General Far Eastern MLA General 3677 Hill Sam FE 3405 Hind Inc Gth 3668 Target Pacif 2813 M&G Midland 3479 Barr Pacific 2334 US Income North American Capel Income 3567 M&G Am Recov 3182 Perp Grp Inc 3534 M&G Am & Gen 3124 Gartmore Inc 3434 Fran Am Turn 2549 Intl Growth Commod/Enjrgz Opp Int Grth 3597 Taro Gold 1797 Bish Intl 3341 Taro Commod 1121 Bish Progr 2995 M&G Commod 1109 Money Management figuresP225 CEEFAX 225 Sun 22 Dec 22:44/31 5/6 -,, -,,% UNIT TRUSTS (5) + Best pjrformjrs regardless of sector over 12 months to Dec 1. Current value of £100, with net income reinvested. 1 FS Balanced Growth 196.2 2 T SO 170.9 3 Oppjnheimjr European Growth 167.0 4 Simon & Coates Special Sits 165.7 5 BG Income Growth 164.2 6 Guinness Mahon Recovery 158.4 7 Vanguard Special Situations 156.8 8 County Bank Financial 155.6 9 Murray European 155.4 10 TR Smaller Companies 155.1 Planned Savings figures MoreP225 CEEFAX 225 Sun 22 Dec 22:30/09 6/6 UNIT TRUSTS (6) + Best pjrformjrs regardless of sector over 48 months to Dec 1. Current value of £100, with net income rjinveuted. 1 Vanguard Special Situations 375.1 2 Mercury Recovery 364.5 3 Equity & Law Higher Income 351.3 4 James Capel Income 347.6 5 Barrington European 344.3 6 Hill Samuel European 343.4 7 Vanguard High Yield 336.0 8 Gartmore Income 333.3 9 MLA General 333.0 10 Oppenheimer Intl Growth 323.5 Planned Savings figures More