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| COMMENTARIES | |||
Keep up with what's going on with the Freedom Capital Fund, read the company's periodic commentaries here. |
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| OPEN AN FCF ACCOUNT | |||
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| DEPOSITS MADE EASY | |||
You can now buy fund units with your Visa or Mastercard! Or if you prefer, you can send wire transfers from your bank. For more information, please read our prospectus. |
Currently we have one international mutual fund, available to non-U.S. clients only: the Freedom Capital Fund (FCF). The mission of the fund is capital appreciation by investing principally in equities issued by companies around the world. This fund may be appropriate for investors seeking a higher long term return accompanied with a higher risk. This fund could also be used to structure a long term investment program to achieve economic independence. It allows an investor to participate in the economic growth of companies from different parts of the world. Freedom Management Corporation is the managing entity of the Freedom Capital Fund and its authorized distribution agent. The portfolio and investment manager of the fund is Freedom Asset Management Corporation of America, and the Management Company has distribution agreements with numerous distributors in the various countries where the fund shares are available for purchase. First American Bank serves as the custodian and shareholder registrar and transfer agent for the Freedom Capital Fund, Ltd. Diversification The Freedom Capital Fund offers you the possibility of diversifying your portfolio not only in regard to type of industry but also geographically as the fund is permitted to invest in companies from different industries and geographic locations. Information The Management Company provides investors with current information on the performance and holdings of the fund through its website at www.freedomglobal.com and through individual statements sent to each shareholder. Liquidity As explained in the prospectus the shares of the Freedom Capital Fund are redeemable every Friday at the closing price as calculated by the custodial bank at the close of the New York Stock exchange at 4:PM eastern standard time. Redemption charges and fees vary from 1% to 8% as explained in the prospectus and according to the different classes of shares. Dividends and capital distributions The fund pays a quarterly dividend on the last day of each calendar quarter. When there are not enough profits to cover the dividend the fund may make a capital distribution to make up for all or part of the missing portion. Unless otherwise specified by the investor, dividends and capital distributions will be reinvested at no cost at the closing price of the fund shares on the distribution date. Taxes Since this is an offshore fund based in the Island of Nevis we believe it is for the most part not subject to taxation. However as explained in the prospectus there will be times when the assets or profits of the fund may be taxed by the different jurisdictions where business is conducted. Prospective investors should consult their own tax advisors concerning their individual tax consequences of investing in this fund. Risk There can be no assurance that the fund’s investment objectives will be achieved. The value of the fund’s portfolio and thus the value of its shares will fluctuate in response to changes in market, economic conditions and the financial and business conditions of the issuers where its capital is invested. Expenses Annual fund operating expenses are paid out of the fund’s assets. The FCF pays the Management Company a fee of 3% yearly for management of the portfolio and distribution expenses. The fund also incurs general, financial, trading and tax expenses. All of the fund's expenses are factored into the share price which is presented as a net asset value after deducting all fees and expenses. Purchase costs Investors incur no cost in purchasing fund shares, but do pay an exit fee of 1-8%, depending on the class of shares held, if they withdraw their capital prior to predetermined schedules.
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