Ann: Annual Report to shareholders, page-50

The sell down of Top 20 holders is most likely due to reallocation of profits.

i had a portfolio review and was advised to do the same. Redistribute profits to other "oppurtunities". Investment managers would be looking at it from a risk, take profits, redistribute, protection point of view.

i chose not to do that because of the oppurtunity i believe we still have infront of us.

Again marginally missed the Top 20 and Top 20 option list. Wanted those bragging rights but cant complain with where we are heading