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Selestia – Selestia Offshore Collective Investment Bond

Thursday, May 23, 2002

Type: Unit-linked bond

Aim: Income and growth by investing in unit trusts and Oeics

Minimum investment: Lump sum £10,000

Place of registration: Guernsey

Investment split: Choice of 190 funds from Aberdeen, ABN Amro,

Artemis, Baring, Britannic, Close Fund Managers, Credit Suisse,

Deutsche, Dresdner RCM, Fidelity, First State, Framlington, Friends

Provident, Henderson, Invesco Perpetual, Investec, ISIS, JPMorgan

Fleming, Lazard, Liontrust, Martin Currie, Merrill Lynch, Morley,

Newton, Old Mutual, Rathbone, Sarasin, Schroder, Scottish Equitable

International, SocGen and Solus

Isa link: No

Charges: Initial either 6% or 7.5% over five years, annual investments

up to £14,999 0.7%, £15,000-£39,999 0.3%, £40,000 and above


Commission: Initial 4%, renewal equity and managed funds 0.5%,

fixed interest funds 0.35%, tracker funds 0.25%, or initial equity and

managed funds 6.25%, fixed interest funds 5.5%, tracker funds 5%,

cash 4%

Tel: 08456 410410


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Scarborough Building Society – 90 Day Access Bond Issue 2

Monday, May 20, 2002Type: High interest accountMinimum-maximum investment: £2,500-£500,000Interest rates: 4.7% gross a year, 4.45% gross a monthTerm: 12 monthsOffer period: June 30, 2002Withdrawal penalties: 90 days’ notice or 90days’ loss of interest on amount withdrawnTel: 0845 4584458

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