Money Marketing has teamed up with Aberdeen to challenge IFAs on their
knowledge of zeros. Aberdeen's 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
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.
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
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:
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
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's 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.