For example, one could tell if doing something would make people better off by looking at their change in utility.

About 55 percent of the fund is in utilities, he said.

Its main use is in utilities such as electric and water companies.

Over a 12 month period, he claimed £2,250 in utilities, when the real bill was £440.

He was interested in public utilities and the development of oil lands.

About 12 percent is involved in mining, construction and utilities.

A young lieutenant in utilities was standing at the front desk.

The fund made money in public utilities, which account for 23 percent of its assets.

The company, he added, was also considering investing in foreign utilities.

"People invest in utilities because no one's going to stop using electricity," he said.