Facts

Dividend Policy
The Caribbean High Interest Fundís policy is to distribute substantially all income attributable to holders of Distribution shares.

The Caribbean High Interest Fund offers two classes of share:

Redeemable Distribution Shares
This class of shares distributes substantially all of its income accruing to the investors in the form of dividends, which are paid out to shareholders semi-annually. These shares are redeemable at any time at the option of the shareholder, subject to a fee not exceeding 1% if redeemed within two (2) years.

Redeemable Accumulation Shares
This class of shares does not pay dividends but this income is retained to the benefit of the net asset value of that class of shares. These shares are redeemable at any time at the option of the shareholder, subject to a fee not exceeding 1% if redeemed within two (2) years.

Redemption Charge
Currently there is no initial charge on amounts invested in the Fund but there is a redemption charge of up to 1% on amounts withdrawn from the Fund. Investments held in the fund for two years or more will not be subject to this charge. However, the Fund Manager reserves the right to a period of notice of no less than three (3) months for redemptions of $500,000 and over.

In order to protect the integrity of the Fund, withdrawal of funds placed for six (6) months or less may at the discretion of the manager be subject to an encashment fee of 2%.