Sterling Global (Mutual) Fund

Sterling Global Funds, BVI introduces its High Yield Bond Fund. The Fund comprises high quality, high yielding global securities that provide investors with the opportunity to achieve medium to long-term capital growth. Investments are made in US Dollar denominated securities, issued by governments and/or their agencies, corporations and other investment assets. The Fund was approved for sale to Jamaican residents on 9th July 2003.

Fund Features:

• The Fund is open-ended in so far as new shares are issued to investors on an on-going basis.
• The Fund is denominated in United States Dollars.
• Investors may purchases 1,000 units or more on the given Dealing Day.
• Investors must maintain a minimum balance of 1000 units, otherwise the residual shares will be sold and the account automatically closed.
• Encashment of units within six (6) months of purchase will attract a penalty.  
• The Net Asset Value (NAV) per share is determined on the Dealing Day, that is, Wednesday of each week. Investments made after 12:00 on the Dealing Day and on any other business day thereafter will be valued and allocated on the next Dealing Day.
Benefits of investing in the Fund:

• High Yields: since January 2003, the Fund reported 6-mth returns of 15% p.a. on a portfolio of AAA rated US Government Agency Bonds.
• Tax Advantages: all income and gains to the Fund are tax-free.
• Diversification: by spreading your investment across several securities you are protecting your investment from the poor performance of any one or two securities.
• Convenience: Net Asset Value information on the Fund can be readily accessed on our web site.

• Professional Management: lower investment limits provide individuals with access to investment management expertise, previously available to a few large investors.

Investors may experience a gain or loss when they sell their units in any mutual fund. Share values and investment returns for the Fund will fluctuate. Past performance is not indicative of future performance. The information contained in this flyer does not constitute an invitation to purchase or sell shares of the Fund. Important information about Sterling Global Funds is contained in the Fund prospectus. Manager, Registrar & Transfer Agent: Sterling Asset Management Ltd, Ja. W.I

Custodian: Prudential Securities Inc, USA
Bear Stearns Inc, USA
Morgan Keegan & Co., USA Auditor: KPMG Peat Marwick, Ja. W.I.Regulators: Financial Services Commission, BVI, W.I.
Financial Services Commission, Ja., W.I.