Net Asset Value - July mid month estimate

 
TIDMAIDU 
 
The Aida Closed-Ended Fund Limited 
 
Mid-Month Estimated Return 
 
July 2010 
 
The mid-month estimated net return for the Aida Closed-Ended Fund Ordinary 
Shares for July ("the mid-month estimate") as at the close of business on 16 
July 2010 was (0.12)%. 
 
The Aida Closed-Ended Fund Ordinary Shares invest solely in the Aida Open-Ended 
Fund Ordinary Shares. The Aida Open-Ended Ordinary Shares mid-month estimate, 
from which the Aida Closed-Ended Fund Ordinary Shares estimate is calculated, 
reflects 46% by value of the total expected monthly results, i.e. that fraction 
of the month that has elapsed and that proportion of valuations that has been 
received. 
 
Aida Capital, the investment manager, remains available at all times to discuss 
the fund and markets in general. 
 
Contacts: 
 
Peter Haspel 
 
Nicholas Oppenheim 
 
Aida Capital 
 
[phone] 
 
[e-mail] 
 
The mid-month estimate has been prepared by the Aida Open-Ended Fund's and the 
Aida Closed-Ended Fund's investment manager and is based on those estimated 
valuations that have been made available to it as at the date of calculation. 
These un-audited estimated valuations have generally been prepared by the 
investment manager of the Aida Open-Ended Fund's underlying investments and may 
not have been supplied on a regular or timely basis. In addition, such 
estimates may be subject to little verification or other due diligence, are 
un-audited and may not comply with generally accepted accounting or valuation 
principles. Accordingly, users of this information should not place the same 
level of reliance on this data that is placed on the month end estimate. 
 
These underlying valuations may not have been calculated to the date of 
valuation and some underlying funds may not have provided a valuation. In the 
event that a mid-month estimated valuation subsequently proves to be incorrect, 
no adjustment to a previously published valuation is expected to be made. 
Neither the Aida Open-Ended Fund or the Aida Closed-Ended Fund nor its 
investment manager accept any responsibility for, and make no representation or 
warranty in respect of, the accuracy of this mid-month estimate, and neither is 
any implied. This mid-month estimate is provided for indicative and information 
purposes and on a best efforts basis only. Other risk factors which may be 
relevant to these valuations are set out in the Aida Open-Ended Fund's and the 
Aida Closed-Ended Fund's prospectus documents dated 25 November 2009. 
 
THE AIDA CLOSED-ENDED THE AIDA OPEN-ENDED 
 
FUND LIMITEDFUND LIMITED 
 
The Aida Closed-Ended Fund Limited The Aida Open-Ended Fund Limited 
 
Canada Court, Upland Road, St Peter Port, Canada Court, Upland Road, St Peter 
Port 
 
Guernsey, GY1 3QE Guernsey, GY1 3QE 
 
Registered Number: 45968 Registered Number: 50847 
 
 
END