(A Top Pick March 22/04. Down 6.5%, but have had nice distributions, so actually was flat.) Still likes. This was picked just before the limitation on pension holdings which dropped all trusts.

Have done very well. Interested in it, but wants to see it run for a bit longer.

Announced some very disappointing results because of currency competitive pressures.

The problem they have now is growth because they are so dominant and strong. Getting into some joint ventures which should increase value over time giving you some capital gain along with distributions.

Has been giving a good income and should continue to do so.

Had a myriad of problems, including currency, working capital needs, etc. Issues can't be easily or quickly fixed.

Doesn't see any appeal in this fund. Very small market share and no competitive advantage.