m & g selling accelerating, page-12

"As for Hoots, probably just a FIASC. "

You got me there - is that someone who buys and sells based on charts :)

Seedy - You may remember in the GFC all sorts of funds stopped redemptions - Basicly it means you just cant access your $$$ Plenty of funds track the ASX 200 index for a mum and dad puter your can just buy units in the fund giving you access to all the stocks without having to buy and sell the individual stock - There are other funds that specialise in sectors - EIM is one such fund here in Aus they had large exposure to SDL and PLV and were critical of PLV,s 3 month suspension as they couldnt benchmark the unit value in the fund because there was no daily closing price for that stock.

Im not sure if M & G are selling becuase they need cash to pay out unit holders but it is a possible factor.

hOOt

Click here for info on EIM fund