Current Share Price Announcement

April 2008

Early April saw the final few with-profits bonus declarations of the season so it is a good time to give you an overview of the bonus season as a whole. The declarations have been a real mixture with the stronger companies generally making the most positive announcements and those that declared earlier in the year producing stronger increases than those that declared later.

The offices that declared later in the season produced virtually identical investment returns, they have just chosen to be more cautious in their approach to smoothing and considering the returns made within the stronger funds over the last 5 years or so that have yet to be distributed, it does put them in a strong position to weather the current financial storm.

As examples, Standard Life, Legal & General, Scottish Amicable and General Accident all increased terminal bonus rates whilst Clerical Medical, Prudential, Legal & General and Scottish Amicable increased their annual bonus rates which of course has a positive impact on the level of guarantees within EGF.

Considering how many investments have been directly impacted by current market events it is reassuring to see the stability offered by with-profits policies.

Share Prices

Despite ongoing market turbulence, EGF continues to grow steadily. The USD and EUR share prices have though been affected by exchange rates

The share prices as at 15th April 2008 are:

  • Class A GBP £ 11.95
  • Class B GBP £ 11.68
  • Class B USD $ 22.78
  • Class B EUR € 14.63

In these volatile investment conditions EGF continues to offer investors long term growth prospects.

Fact Sheet >>

For further information on how to invest please contact the fund team on +44 1225 473124

David Carrington
DIRECTOR

The value of shares may fall or rise each month, this means that your capital is at risk when investing in EGF. This investment should be regarded as medium to long term in nature. If you withdraw from this investment in the first 5 years, exit penalties may be applied. It is only suitable for professional investors who understand the risks involved and investment should not be made prior to reading the prospectus. If in doubt seek expert advice. Nothing contained within this document constitutes investment advice or an offer to subscribe.

The Endowment Growth Fund (EGF) is the first sub-fund of InvestmentPlus plc, which is regulated by the Irish Financial Services Regulatory Authority. Registered in Ireland No. 289965. Registered office 39/40 Upper Mount Street, Dublin 2, Ireland. EGF is distributed by PolicyPlus International plc which is authorised and regulated by the Financial Services Authority and is a member of the Association of Policy Market Makers. Registered in England No. 2392989. Registered office King’s Court, Bath, BA1 1ER, England.