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Sandham backs Woodford in race for returns
by David Sandham on Feb 07, 2012 at 13:51
New Model Adviser® deputy editor David Sandham turns to Neil Woodford as defence against further market volatility
Contestant: David Sandham, deputy editor, New Model Adviser®
David Sandham, deputy editor, New Model Adviser®Location: London
Strategy: Given the market volatility of recent months and the poor economic outlook, the new year’s rally in equities, due in part to the European Central Bank’s recent actions, may not be sustained. Therefore a defensive strategy is attractive.
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Bought
Investment trust: Edinburgh Investment Trust
Price purchased: 477p
Net asset value: 477p
Amount invested: £979
Dealing costs: £20
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