Yep, SEVPC on an RY of 10% knocks the socks off any deposit return at present.
But IMO, pound for pound, MXUPA (10.76%) and AAZPB (10.45%) are better propositions.
I hold all three but have recently sold out of GNSPA as the risks are too great.
That said, the "conspiracy" side of me thinks that SEV and SEVPC might be getting played to get a YES vote for Kerry S.