Statement re Inv Obj & Perf Update
03 Outubro 2008 - 11:57AM
UK Regulatory
RNS Number : 0927F
Accelerated Return Fund Limited
03 October 2008
FOR IMMEDIATE RELEASE
3 October 2008
The Accelerated Return Fund Limited (the "Company")
The Company's investment objective is to provide investors with six times the growth of the FTSE 100 Index, up to a maximum capital
repayment of 166 pence, over the five-and-a-half year period to 7 October 2008, combined with a high level of capital security, subject to
any unforeseen circumstances.
The Shares will offer full capital protection unless the FTSE 100 Index has closed down more than 50 per cent from its starting value
(ie below 1,967.9) during the term AND fails to recover to its starting value. In this case, the return on the Shares will be the same as
the return on the Index. If the Index subsequently recovers and rises above its starting value, the Shares will still offer six times the
growth of the FTSE 100 Index, again up to a maximum capital repayment of 166 pence.
The official closing level of the FTSE 100 Index as at 30 September 2008 was 4902.45. If the Index closed at this level on 7 October
2008, the redemption price (ending share price) would be 166 pence.
Payoff Profile
The table below illustrates how the redemption value of the 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 1,967.9* closed below
1,967.9*
2,000 100 50
2,250 100 57
2,500 100 63
2,750 100 69
3,000 100 76
3,250 100 82
3,500 100 88
3,750 100 95
4,000 109 109
4,250 147 147
4,500 166 166
4,750 166 166
5,000 or over 166 166
* As at 7 October 2008
* On any day from 7 April 2003 to 7 October 2008
The final return is subject to there being no counterparty default or any other unforeseen circumstances.
Capital at Risk Products (CARPs)
The Company has been advised that Company is a CARP as defined by the Financial Services Authority (FSA). Investors should refer to the
FSA factsheet, which is available at www.moneymadeclear.fsa.gov.uk/products/investments/types/pooled/structured_produ cts.html
The return of capital invested at the end of the investment period is not guaranteed and therefore the investor may get back less than
was originally invested. Investors should not enter into the transaction unless they are prepared to lose some or all of the money they have
invested.
They should satisfy themselves that the Shares are suitable for them in the light of their circumstances and financial position, and if
in any doubt they should seek professional advice. Investors may only achieve the rate of return advertised over a set period and the return
may depend on specific conditions being met.
The monthly factsheet is available on the website www.closeinvestments.com
For further information contact:
Anson Fund Managers Limited
Secretary
Tel: 01481 722260
E&OE - In transmission.
End of Announcement
This information is provided by RNS
The company news service from the London Stock Exchange
END
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