THE FORTUNE EQUITY FUND

This is a UCITS (undertaking for collective investments In Securities)


Fund Statistics:


Asset
Attribute
Call-Up Size
175 billion CFA or approximately $250 million
Share price
$100 per share
USD rate per dollar
700 frs
Total available shares
2,500,000.00
Reserve Shares
1,000,000.00
Class of Shares
Ordinary
Voting rights
No
Shares transferable
Yes
Subscription fee
10% of capital on less than 100 shares or 5% on over 100 shares bought
Management fees
2% Per Annum of AUM
Performance fees
20% on all accrued profits
Dividend rate
8-32% per annum dependent on performance
Base dividend rate
8%
Minimum Number of Shares to buy
01 or 70,000frs
Maximum Number of Shares to buy
10,000 come with voting rights of 1 per thousand
Insurance
Yes, portfolio is insured
Risk profile
Low
Investment type
Collective

Advantages of the Fortune Equity Fund:



Disadvantage: