Net Asset Value(s)
15 Outubro 2003 - 8:47AM
UK Regulatory
RNS Number:9269Q
Barclays Global Inv Endowment Fund
15 October 2003
Barclays Global Investors Endowment Fund Limited
Net asset value
The net asset value at 30.09.03 was 167.17p per share.
Prospective return per annum after all Company expenses
The TEP market's valuation currently assumes that bonus rates will remain
unchanged and that the smoothed asset share of the policies held will fall in
value by an average of 9.1% per annum to maturity.
The prospective annual rate of return to an investor holding shares to
redemption, based on the main assumptions listed below, at current and
alternative policy growth rates would be:
Policy growth rate Market rate - -10% 0%
9.1%
a) To an investor buying shares on 30.09.03 at 13.2% 12.4% 24.2%
155.5p
b) To an initial shareholder who bought shares at 6.4% 6.4% 6.8%
100p
These figures are for illustrative purposes and are not guaranteed.
Main assumptions
* No brokerage is charged on share purchases
* All policies are held until maturity
* Policy premiums are paid to maturity
* Base rates continue at 3.5% per annum for the life of the Company
* Administrative costs increase at 2.5% per annum for the life of the
Company
* No benefits arise from early deaths or other windfall gains
* The Company is exempt from tax on gains throughout its life
* One half of the Company's remaining shares will be redeemed in 2004, and
the remainder in 2005
15 October 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVGUGQCUUPWGGA