Bgi Endowment Fund Iii Limited - BGI- Profile

BGI Endowment Fund III Limited. The Company's principal activity is investing in traded with-profits endowment policies. The objective of the Company is to provide shareholders with an attractive level of capital growth combined with low risk by investing in a range of traded with-profit endowment policies. The Company qualifies as a Jersey Exempt Company and is not subject to taxation. Investment management services are provided by Barclays Global Investors Ltd for a fee calculated at 0.5% per annum of the total assets less current liabilities of the Company payable quarterly in arrears. The contract was terminated by mutual agreement without compensation with effect from 25-Aug-2005. Invests in traded with-profits endowment policies