This is a marvellous way to get a wide range of views summarised in one place. I shall try to keep this updated every month and if you have any questions about Skandia International or any of the funds then please Contact Me and I shall try to help.

For any further information about Quantum or the fund range you may Contact me here.

Established in Slovakia in 1999 as SFM Group, the company was initially licensed to sell funds and insurance, and the main scope of activity was at first focused on funds, specifically the group’s range of funds which have been registered for public offer in Slovakia since 2000. Using outsourcing to administer investment contracts and provide services as a sub-transfer agent for the group’s WIOF funds, they quickly established a reputation for themselves within the fund industry. As the firm grew and began to realize its full potential as a leading regional investment company they not only expanded their range of services, but also moved into the provision of investment products.

In 2008, the company changed its legal form to a joint-stock company, becoming a central processing unit and obtaining a securities broker licence, which they currently use to provide their own extensive offer of regular, specialized and custom investment products.

Operating under this licence, their range of services now includes portfolio management, purchase, sales and securities management, distribution of investment funds and securities, provision of a worldwide fund platform and a complex package of services for both clients and distribution companies. They guarantee all product services and administration, including full-service marketing, legal and back office support. But these products and services are not limited solely to Slovakia, and they operate in a number of European Union countries where they are registered in accordance with all specific local legal regulations.

Slovakia Office:

Cornhill Management, o.c.p., a.s.
Aupark Tower
Einsteinova 24
851 01 Bratislava
Slovakia

Tel: +421 (2) 322 226 00
Fax: +421 (2) 322 226 99

Web: http://www.cornhillmanagement.eu/en/

• Russia – FMG Russia Fund in 1995
• Russia, India and China – FMG Rising Fund in 2003
• Middle East and North Africa – FMG MENA Fund in 2006
• Pan Africa – FMG Africa Fund in 2007
• Iraq – FMG Iraq Fund in 2010
• Mongolia – FMG Mongolia Fund in 2012

They focus and invest primarily with local fund managers, as they believe that local expertise is a requirement for future fund results.

FMG predominantly has a long only bias with a fund of funds approach and an occasional alternate investment, to achieve an attractive risk profile for our long term investors.

Risk management is a critical part of portfolio construction and manager selection, and significant resources are spent on tracking existing investments.

Investment decisions are made by the Investment Committee, which has a combined +50 years of investment expertise.

FMG is independently owned with 5,000+ clients globally.

FMG Headquarters
6th Floor, Airways House
Gaiety Lane
Sliema SLM1549
Malta

Tel: +356 2131 4011
Fax: +356 2131 2880
Website: www.fmgfunds.com

Money in the ground: Mongolia is well positioned to potentially be the largest supplier of key commodities. Some 83% of this huge country, which is ranked 19th in the world in terms of size, has yet to be explored. Tavan Tolgoi, a pending coal mine of enormous size, is expected to create a brand new town with 60,000 people. Almost 20,000 employees are expected to operate the pending Oyu Tolgoi copper and gold mine.

Improving infrastructure: Less than 4% of Mongolia’s roads are paved. There are huge infrastructure needs as two thirds of the population still live in gers (tents).

The Stock Exchange is also lacking a ‘2012 standard’ and to address this issue, the London Stock Exchange (LSE) has been hired to help upgrade the Mongolian stock exchange, which will meet the same standard as London in 3 years. The LSE anticipates that the domestic stock market will increase from approximately US$3bn to US$45bn within 10 years.

Overall: huge future revenues potential for a large country with a small population of only 3 million, blessed with key resources for a hungry growing world, and cost advantage of being right next door to the largest commodity consumer of them all, China. No other commodity producer can compete with Mongolia, since it ships commodities on train directly from the mines to the consumers in China.

The Fund mainly has exposure to domestically listed Mongolian companies on the Mongolian Stock Exchange (MSE). The main sectors of the Mongolian economy are the mining sector, consumer sector and construction sector. The Fund will typically invest in various securities among the top 25 liquid names on the MSE, in the local currency ‘tugrik’.

Please be advised that the FMG Mongolia Fund is a high risk investment and only suitable for investors with such appetite for risk. Although provisions have been made to ensure liquidity as per the prospectus of the fund there may be times when due to the underlying assets those liquidity terms may not be achieved.

If you are interested to look further at this fund and to take it direct or through your Personal Portfolio Bond then feel free to Contact Me and I shall try to help you.

Do Contact Me for the latest information at any time or if you would like to invest.

The Fund
• 100% unleveraged, direct exposure to physical commodities (gold, silver and platinum)
• No equity exposure and no corporate risk, tracks the actual physical metal price
• Custody of the physical metal is maintained by Barclays Capital and/or HSBC
• Weekly liquidity
• Available in $USD, €EUR and £GBP

Please Contact Me for further information on how to add this fund to your portfolio and diversify your exposure. For information on the fund and the latest Castlestone Aliquot Precious Metals performance figures, check out the downloads below.

May 5th until May 7th (restart 8/5/12) – Wesak Day.
May 25th until May 27th (restart 28/5/12) – Office Holiday.
June 2nd until June 4th (restart 5/6/12) – King’s Birthday.
June 26th until July 19th (restart 20/7/12) – Office Holiday.
August 7th until August 12th (restart 13/8/12) – Office Holiday.
August 18th until August 21st (restart 22/8/12) – Hari Raya.
August 31st until September 2nd (restart 3/9/12) – National Day.