From: "Stephen Burke" 
Newsgroups: uk.finance
Subject: Re: Trackers
Date: Wed, 7 Apr 2004 13:38:34 +0100

"stuart noble"  wrote in message
news:sKtcc.19$f52.16@newsfe1-win...
> Presumably there can't be too big a gap between no.1 and no. 526 if
they're
> all trackers. Or maybe The City's definition of tracking is to "hang about
> in the general vicinity of".

They aren't all trackers, I said "UK unit trusts", i.e. I just selected UK
as the region from the trustnet menu. In fact many of the top performers are
bond funds, and you might say it's unfair to compare them with equity index
trackers, but it still shows that trackers are not automatically the
no-brainer choice. Even if you took the bond funds out the trackers,
particularly FTSE trackers, would still look dire.

  In fact the top performer is the Artemis smaller companies fund, up 310%,
compared with the L&G FTSE tracker down 25% and Legg Mason UK Opportunites
(probably a tech fund in practice) down 63%, so the range is pretty huge!

-- 
Stephen Burke