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Zero in on a Ryder Cup prize

Money Marketing has teamed up with Aberdeen to challenge IFAs on their

knowledge of zeros. Aberdeen&#39s zero fund – the Aberdeen Progressive Growth

unit trust – is celebrating its first birthday on August 4, 2001 and we are

giving away two tickets to

the Ryder Cup in celebration of

the event.

Aberdeen Progressive Growth has achieved outstanding performance in its

first year, during a time when markets have been somewhat volatile. Let us

hope the European Ryder Cup team can turn in an equally impressive

performance so that we can once again win back the trophy in September.

So what do you need to do? Correctly answer the four questions below and

you will be entered into the draw to win tickets. Send your answers either

by email to rydercupcompetition

or by post to The Promoter, Aberdeen Unit Trust Managers, 1 Bow Church

Yard, London EC4M 9HH.

Closing date for entries is Friday, August 17, 2001.

Aberdeen Unit Trust managers is regulated by Imro and the PIA and is a

member of Autif. It is a member of Aberdeen Asset Managers Ltd regulated by



There is one first prize and five runners-up prizes.

First prize

Two tickets for all three days of the Ryder Cup tournament, to be hosted

at the De Vere Belfry between Friday September 28 and Sunday September 30.

On one of the days, the tickets entitle the winner to full corporate


Runners-up prizes

Five runners-up will receive a full Aberdeen golfing pack, including golf

balls, polo shirt, baseball cap and umbrella – essentials for the budding



Q1. What does zero stand for? Is it:

a) Zero dividend preference shares

b) Zero definitive product shares

c) Zero dividend public shares

Q2. What is the hurdle rate? Is it:

a) The amount of horses who complete the Grand National, divided by the

number who began the race

b) The annual level of growth that is required to ensure that zero holders

will be repaid in full

c) The number of zeros in the market divided by the number of funds that

invest in them

Q3. How many zeros since their launch in 1987 have failed to pay out in

full at their wind-up date? Is it:

a) None

b) 100

c) 500

Q4. Knowing that the FTSE All Share index has fallen by 9 per cent, what

has been the performance of the average zero over the year to the end of

June 2001? Is it:

a) No growth

b) -12%

c) +12%

Terms & conditions

Entry must take place by August 17 to qualify for entry into the competition.

The competition is open to all UK independent financial advisers other

than employees (or their immediate families) of Money Marketing, Aberdeen

or others connected with the competition.

All entrants must be aged 18 or over.

The editor&#39s decision is final and no correspondence will be entered into.

Neither Aberdeen nor Money Marketing can accept responsibility for

consequences of any computer or telecommunications failure.

The winner will be notified.

No cash alternative will be available.

The winner will be required to participate in all necessary publicity.

The winner will be responsible for arranging suitable travel insurance.

All entries are subject to the stated conditions.


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