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Tilney Investment Management – Opal Tailored Solutions

Type:
Capital-guaranteed fund of hedge funds

Aim:
Income or growth linked to the performance of the Opal Optimum Master Fund

Minimum investment:
Lump sum £10,000,
Isa £5,000

Term:
Five years and one month

Guarantee:
Secure income and secure growth options &#45 Original capital returned in full regardless of performance of underlying fund, high income and high growth options&#45 80% of original capital returned regardless of performance of underlying fund

Return:
Secure income and secure growth options &#45 100% growth in the underlying fund paid annually or at end of term, high income and high growth options &#45 175% growth in the underlying fund paid annually or at end of term

Place of registration:
Luxemburg

Charges:
Initial up to 5%,
annual 1.75%

Closing date:
June 18, 2004,
Isa June 4, 2004

Commission:
Initial up to 5%

Tel: 0808 100 1166

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