Ampersand BCI Global Balanced Feeder Fund (A) - ABGBFA fund information

Ampersand BCI Global Balanced Feeder Fund aims to provide investors with long term capital growth. The portfolio will apart from assets in liquid form, invest solely in the participatory interests of the VPFP International Growth Fund IC Limited, an incorporated cell of the Momentum Mutual Fund ICC Limited, domiciled in Guernsey. The underlying portfolio focuses primarily on long-term capital growth over the full investment cycle through a relatively high exposure to international growth assets. The portfolio will retain a good level of diversification, however, and invests into a wide range of asset classes including cash, bonds, equities, commodities and property. To the extent that the assets in the portfolio are exposed to exchange rate risk, the manager may enter into financial transactions for the exclusive purpose of hedging such exchange rate risk subject to the conditions and limits as stipulated by the Act. Nothing in this Supplemental Deed shall preclude the manager and the underlying manager from varying the ratios of securities or assets in liquid form in a changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed.
The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.