that's what you want, a decent endowment, it takes out all the fluctuations, and er the they've big reserves, and of course the minute the endowment starts to look a bit poorer, it's switch back to p e ps, course i've always said that p e ps were a good idea, and the charges are much better now than they were, and i'm just thinking of the poor chap that's read the paper two years ago, over his tea and toast on a sunday and thought mhm good idea, i'll take an endowment, and two years later it's the same person saying aha, no, pretty bad news an endowment.