P207 CEEFAX 2 207 Sat 13 Dec 22:33/37 UNI( TRUSTS The Cjefax Unit Trust Panel draws on a number of independent advisers in an attempt to delineate a path through an jvjr more impenetrable unit trust jungle. Unit trusts can decline in value. Neither the panellists nor the BBC can accept responsibility for any recommendations made. Selections and opinions shown are those of the persons named and are not necessarily shared by the BBC. * Investors should always seek professional advice before buying 1/7 Stock Market Panel 206 Next News TaxIndjx MonjyFile Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:34/46 C UNIT TRUSTS * December selections US Europe USA Japan Other Mark Dampjir * * Richard * * Jennings Brian * * Bailey * Selections are geared for growth on a minimum 12-month view and are considered worthy of inclusion in a balanced portfolio. S indicates a speculative investment. 2/7 Monjyfile 200 Front page 100 Next News TaxIndjx MonjyFile Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:34/25 UNIT TRjSTS Mark Dampier, Churchill Investments Overview Volatility is becoming rather an overused word, however this is what we can expect in the short term. Therefore look for long term rewards. The UK remains our favourite major market, institutional cash is at record levels, pjssjmjsm abound, so you therefore buy on the weaker days. The broader market has hardly moved for over a year, there are plenty of opportunities for the stockpickjrs. We would recommend Jupiter Special Situations, GT Income, CF Quantoc 3/7 Britannia Smaller Companies. December commentary Next News TaxIndex MoneyFile Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:32/01 UNIT TRUSTS Mark Dampier, Churchill Investments JAPAN Evidence is still njedjd that the government will take decisive action — if we see it buy Martin Currie Japan. FAR EAST The aria has been a blood bath. But the quality funds are concentrating in North East Asia. This must bj coming close to a buying opportunity — buy GT Orient and Henry Cooke Eastern Enterprise. AMERICA Smaller and mid caps offer the best value. Buy Hill Samuel US Smaller Companies. EUROPE Takjovjrs and mjrgjrs will keep markets moving. Buy Pilgrim European, Credit Suissj European and Thread 4/7 European Select. December commentary Next News TaxIndjx MonjyFile Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:35/30 UNIT TRUSTS Brian Bailey Grenville Waters Lunniss In September we took a cautious view on markets and continue this strategy for the short to medium term. For the longer term, we still recommend Baring Europe Select, Gartmore European Selected Opportunities, Gartmore American Emerging Growth and Schrodjr US Smaller Co's. For global investment, we recommend GT Global Dynamic Theme Fund. Currently it would be prudent to djlaz purchases awaiting further djvjlopmjnts in 5/7 Far East. December commentary Next News TaxIndjx MonjyFile Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:35/53 UNIT TRjSTS Richard Jennings JNJ Asset Management OVERVIEW The recent shake-out in the world's markets has obviously lead to better value being available in our favoured markets, which remain the US and Europe. There is likely to bj more "pain before the gain" in Asia for some time, so avoid for now, although Honk Kong is a different story. LiKewise, we see no reason to be buying into Japan for some time yet. 6/7 December commentary Next News TaxIndex MonjyFili Main MenuP207 CEEFAX 2 207 Sat 13 Dec 22:33/14 UNIT TRjSTS Richard Jennings JNJ Asset Management US Economic growth continues, albeit at perhaps a slower rate than bjforu. Schrodjr US Smaller Co's. UK Jupiter UK Special Situations and Gartmore US Capital Growth, should bj in a position to capitalisj on a strong domestic economy. For the more cautious, Govjtt UK Safeguard. EUROPE Try Baring European Growth or Jupiter European. 7/7 December commentary Next News TaxIndex MonjyFile Main Menu