I found the Statistical Supplements the most useful to me of all the tables on ITs I have looked at over the years. I thought the layout was outstanding as it enables me to quickly locate the section I need to look at from the Table of Contents and the grouping of ITs in each section is very logical. Used in conjunction with Hargreaves Landsdown's graphs on each IT (which are available to none HL account holders on their website) I have found is a quick way of assessing an IT's statistics. The last ITN content column is also most useful. Its obvious shortcoming is that it is a bit out of date when we receive the booklet and becomes increasingly out of date until we receive the next supplement. A monthly updating of this column on the website, even if it was not possible to update the rest of the statistics, would be most useful.

I am concerned about Civitas as I hold it and it is one of my grand children's JISA. The hedge fund Shadowfall is shorting Civitas and has also published an open letter citing amongst other things the non disclosure of director's interests. Whilst I have little time for hedge funds I feel it is incumbent on the directors of Civitas to respond in detail to Shadowfall's letter.

Richard Howitt. Huddersfield. I have been a member for some years and an investor in Investment Trusts for around 50 years. Since being a member, the performance of my and my wife's portfolios has improved. ITN has particularly helped our income portfolios, where after reading ITN's coverage, I have, over the last few years, invested in AEWU, CSH, VCL and STP to good effect. Over a longer period ITN introduced me to such names as PCTN which I have made money from by buying and selling appropriate times. Thank you Andrew for providing such excellent coverage of the IT sector with very good advice on buying and selling.