Close Assets Funds Share Discussion Threads

[insipiens] 17/5/2010 10:51

indeed....

[hectorp] 17/5/2010 09:33

Only 40% since April 09? pathetic! so called enhanced fund.
Many of my stocks have doubled.

[simon gordon] 22/1/2008 10:45

This is a bit complicated for me.

My focus is on Small Cap shares that have low downside, with high upside.

All the best!

[insipiens] 21/1/2008 21:49

possibly not the best timing for such a fund.

[insipiens] 21/1/2008 21:43

Right now with the index dropping like a stone this seems unlikely to make any payoff, however where might it be 5 years down the road.

The concern right now is that the index doesn't drop below the 50% mark at 3080 else the protective put becomes less effective.

[insipiens] 21/1/2008 21:42

Payoff Profile

The table below illustrates how the redemption value of the Zero Dividend Shares
might vary for different ending levels of the FTSE 100 Index.


Ending Share Price
Final FTSE 100 Index* If FTSE 100 Index never If FTSE 100 Index
closes below 3080.15 + closed below 3080.15 +
4000 148.64 96.51
4250 148.64 102.54
4500 148.64 108.57
4750 148.64 114.61
5000 148.64 120.64
5250 148.64 126.67
5500 148.64 132.7
5750 148.64 138.73
6000 148.64 144.77
6250 157.29 157.29
6500 181.42 181.42
6750 205.55 205.55
7000 229.68 229.68
7250 243.76 243.76
7500 or over 243.76 243.76

* As at 22 November 2012

+ On any day from 22 November 2006 to 22 November 2012

[insipiens] 21/1/2008 04:31

UK Index Growth Fund 2012
Fund Objective

The objective of the Close UK Index Growth Fund 2012 ("the Fund") is to provide
investors with a geared exposure to rises in the FTSE 100 Index ("the Index"), coupled
with a high degree of capital protection.

The Fund has a 6 year life and provides 4 times the capital return of the Index up to a
maximum growth of 64% over its duration. The starting level of this Index when the fund
was launched was 6160.30. If the Index rises to 7145.95, a rise of 16%, by November
2012, the shares will return growth of 64%.

The Fund provides investors with full capital protection providing the Index has not closed
during the period down more than 50%, (a level of 3080.15).

If the Index does fall by more than 50% and finishes at the end of the Fund's life below
the start level (6160.30) the value of the Fund will also fall by an equivalent percentage
amount. If the Index recovers to above its start level investors will still receive 4 times the
growth in the Index to a maximum of 64%.

The Close UK Index Growth Fund 2012 is a rollover of the Close UK Index Growth Fund
2006.