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Costs a flashing red light for unit trust industry

Personal Finance, 30 January, 2010 (Article by Bruce Cameron) - This week, the Raging Bull Awards celebrate the collective investment schemes that provided investors with superior performance over the past year.

Allan Gray, which has a remarkable track record in South Africa and abroad for providing outstanding returns, again achieved the distinction of being named the top domestic collective investment scheme manager.

It is worthwhile to reflect on a few things about the collective investments industry.

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