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Close Property Investment – Property Investment Portfolio

Friday, April 18 2003

Type: Offshore fund of funds

Aim: Growth or income by investing in property funds

Minimum investment: lump sum £11,000, $15,000, euros 16,000

Place of registration: Isle of Man

Investment split: Choice of freehold income trust, capital appreciation trust, active commercial estates plc, healthcare and leisure property fund, Close high income properties plc

Yield: 5% gross a year

Charges: Initial 5%

Commission: Initial 3.5% until June 30, 2003

Tel: 020 7426 4018

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