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Matrix – Max Closed End Share Securities Note

Type: Fund of hedge funds

Aim: Growth by investing in a portfolio of hedge funds

Minimum investment: Lump sum £50,000

Investment split: 100% in hedge funds

Place of registration: Bermuda

Closing date: September 26, 2006

Charges: Initial up to 4%, annual 1.75%, 5% performance fee

Commission: Initial up to 3%, renewal 0.5%

Tel: 020 7925 3377


Correspondent’s Week

This week by personal finance reporter at The Daily Telegraph Faith ArcherMonday marked my first day back in the office after a week in New York celebrating an old friend’s wedding.

Deferred Sipp widens options at Pru

Prudential’s new deferred self-invested personal pension is a Sipp that is structured as a fund option for Prudential’s flexible retirement plan.

Flexishare Up The Property Ladder

Non-conforming mortgage specialist Advantage, part of the Morgan Stanley Group, has brought out two mortgages under the Flexishare home ownership plan.

Out with a bang

So farewell then, Gerrard. As you read this I will have moved on to whatever pastures await me in my semi-retirement. I say semi because I know what tasks might be found for me at home if I do not profess to a continuing interest in the investment world.


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