The Fidelity Fund – Global Property Fund (USD) has registered a strong performance since its launch in December 2005. In the 10-month period to 30 September, the fund produced an annualised return of 25.4 per cent, and was rated “A” by Standard & Poors.

The Fidelity Fund – Global Property Fund (USD), which is also available in euros and Sterling, aims to achieve both income and capital growth through investments in worldwide property securities. It invests in companies that own, for example, offices, hotels, shopping centres or residential developments.

The fund could suit investors who are seeking potentially higher total returns than other income-producing equity funds, or who are seeking to diversify their portfolios.

The fund provides the best of both worlds – the potential of property and the liquidity of equities. It is not necessary to have a large amount of money to invest, or to take on high levels of debt, and it is possible to invest in a fraction of the time it takes to buy or sell individual properties.

The minimum investment amount is just Lm500 (or foreign currency equivalent), and Lm400 for additional top-ups. Those who invest directly through Growth Investments Ltd may benefit from discounted initial charges and switching fees under the Company’s loyalty scheme.

Fidelity International is the leading independent fund manager. Fidelity’s combination of global perspective and local, on-the-ground presence allows them to research the companies in which they invest inside out and uncover outstanding investment opportunities others might miss. This has resulted in 99 Standard & Poor’s 1st Place Awards – more than any other fund house.

In Malta, Fidelity Funds is exclusively represented by Growth Investments Ltd – a wholly-owned subsidiary of Middlesea Valletta Life (MSV). Growth Investments Ltd markets collective investment funds in the local market, provides back-office services to its parent company in connection with Linked Long-Term Contracts of Insurance, and acts as a financial intermediary for securities listed on the Malta Stock Exchange.

Further information is

available from Growth

Investments Ltd on freephone: 8007-2217, website: www.growth-investments-online.com or from an independent financial advisor.

Past performance is no guarantee of future returns. The value of investments, and the income from them, can go down as well as up, and an investor may not get back the amount invested. The value of shares may rise or fall due to changes in the rate of exchange of the currency of the underlying investments of the fund. Investment in Fidelity Funds should only be made on the basis of the current prospectus, which is available, along with the current annual report and half-yearly reports, free of charge from the distributor. Growth Investments Ltd is licensed by the MFSA. Fidelity Funds is a SICAV registered in Luxembourg and is promoted in Malta by Growth Investments Ltd under the terms of the EU UCITS Directive and Legal Notices 207 and 309 of 2004.

Issued by Growth Investments Limited, Middle Sea House, Floriana, Malta. Source of Awards: Standard and Poor’s: 99 1st Place Awards 2006. COM 141106A