press release march 2011 - Castlestone Management

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Mar 22, 2011 - The fund is weekly-traded and domiciled in the British. Virgin Islands. Notes to ... by the British. Virg
PRESS RELEASE MARCH 2011 Castlestone opens precious metals equity fund to complement real asset holdings 22 March 2011 – London – Castlestone Management has launched the Aliquot Gold and Precious Metals Equities fund, coupling the firm’s real asset expertise with exposure to top precious metal equity managers. The fund is designed to accompany existing real asset holdings within a portfolio, potentially expanding the number of ways investors can capture growth in the precious metals markets. The fund will allocate to up to eight top precious metal equity funds with the aim of limiting single manager risk and adhering to a wider allocation approach that better suits the investment needs of IFAs. The portfolio’s holdings are diversified across multiple regions, small- to large-cap companies and investment styles. The fund can also invest in physical gold bullion to help hedge against the effects of major macroeconomic and geopolitical events. The fund will be benchmarked against the FTSE Gold Mines Index, The fund is actively managed by Castlestone’s investment committee, headed by CEO Angus Murray. The investment committee currently oversees Castlestone’s two physical precious metals funds, Aliquot Gold Bullion and Aliquot Precious Metals, which returned 25.96%* and 32.91%** in 2010 respectively. Murray has invested in real assets since 2000 and established the Aliquot Gold Bullion Fund in 2003. Murray commented: “Castlestone sees the potential for precious metals to be one of the stronger asset classes over the next 10 years as the risk of inflation and geopolitical tensions persist. An equity fund like this should accompany, rather than replace, an allocation to physical precious metals to maximize the possible areas of return resulting from this growth.” “Our strategy for the fund uses a greater number of managers than a similar fund might allocate to, primarily because many IFAs and their clients want to be linked to the general performance of an asset class rather than the managers. This approach stresses diversification and couples Castlestone’s expertise in precious metals with the small- and mid-cap bias of specific managers.” In addition to equities and physical metals, the fund can also invest in unit trusts, derivatives, swaps, forwards and ETFs. Currently, the portfolio is split amongst three gold and precious metals equity funds; this will be expanded in the coming months to include more equity funds and individual equities. The fund is available in intermediary exit, intermediary entry and institutional share classes. Minimum investment for intermediary share classes is USD10,000; GBP- and EUR- denominated share classes may open in the near future. The fund is weekly-traded and domiciled in the British Virgin Islands.

Notes to Editors *Aliquot Gold Bullion Fund Class CS - $USD **Aliquot Precious Metals Fund Class A - $USD Daniel Diaz Press Officer +44 (0) 207 824 9992 [email protected]

Castlestone Management Castlestone Management is an independently owned asset manager that provides investment management services based on foresight, appropriateness and with the aim of meeting the long term investment objective of its investors. Our focused range of funds is built around the expertise of the firm which enables us to manage assets such as bullion and precious metals, property and real assets. This is consistent with our aim to deliver stable, long term, positive returns whilst minimising risk. Through our offshore and UCITS compliant funds, we aim to earn financial intermediaries and clients’ trust in our innovation, results and customer service.

Founded in 1996 by Angus Murray, a former President of Macquarie Bank USA Inc. and Co-Head of the International Equity Department of NatWest Markets USA. Castlestone Management began managing assets as a European Family Office in 1997. Our investment philosophy is based on the University Endowment strategy and influences the way we manage money for our clients. We continue to develop our investment expertise by employing highly qualified Investment Professionals and today operate across five continents. Our funds are available to financial intermediaries and their clients. We have over 400 partners around the world who understand and allocate to our funds. Our funds are not for distribution in the USA. Castlestone Management endorses clients’ use of financial intermediaries to understand their individual risk profile so as to assess the appropriateness of our funds to their investment portfolio.

Disclaimers The material in this press release is provided for informational purposes only. The content of this Press Release may contain statements that constitute forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Where Castlestone Management has expressed views or opinions, these may change without notice. Any past performance referred to on this Press Release cannot be relied upon as a guide to future performance. The price of investments and the income derived from them can go down as well as up and investors may not recoup the amount originally invested. This material is provided for information purposes only. Interested parties should refer to the fund’s Confidential Explanatory Memorandum for detailed information and/or seek relevant professional advice before making any investment decision. This document does not constitute an offer or solicitation to sell shares in any of the funds mentioned, by anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Persons interested in acquiring shares in the fund should inform themselves as to (i) the legal requirements in the countries of their nationality, residence, ordinary residence or domicile; (ii) any foreign exchange controls; and (iii) any relevant tax consequences Aliquot Agriculture (UCITS) Fund has been approved by the Irish Financial Services Regulatory Authority as a sub-fund of Castlestone Management plc. Castlestone Management plc is a UCITS III fund fullycompliant with the requirements laid down in the Directive 85/611/EEC as amended by the Directive 2001/108/EC. Aliquot Commodity (UCITS) Fund has been approved by the Irish Financial Services Regulatory Authority as a sub-fund of Castlestone Management plc. Castlestone Management plc is a UCITS III fund fully compliant with the requirements laid down in the Directive 85/611/EEC as amended by the Directive 2001/108/EC. .Castlestone Management Limited is authorised and regulated by the Financial Services Authority in the UK. Castlestone Management Limited is authorised by the Financial Services Board in South Africa. Castlestone Management Inc. is regulated by the British Virgin Islands Financial Services Commission. This scheme has been entered into the List of Restricted Schemes by the Monetary Authority of Singapore under paragraph 2(3) of the Sixth Schedule to the Securities and Futures (Offers of Investments)(Collective Investment Schemes) Regulations 2009 for distribution to institutional and accredited investors.