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15 July 2010

IFAs can see annual returns from Autocall Fund at click of a mouse Key investment tool at times of high market volatility Daily market reports LONDON – Citi has today launched a unique new Annual Returns Calculator designed to assist advisors calculate potential performance in the CitiFirst UK Autocall Fund, the open ended UCITS III structured fund launched earlier this year. The new calculator, which can be accessed at the click of a mouse, joins the comprehensive technical support already available to financial planners through Citi’s dedicated website. “Advisors have a lot on their plate dealing with RDR, tax issues, wrapper eligibility and the everyday job of running a business,” said Emma Davidson, Head of UK retail structured product sales for CitiFirst, Citi’s full-service model for structured investment solutions. “Citi launched the UK Autocall Fund earlier this year – it has been a real success story with financial planners who have welcomed the fund’s transparency and easy to digest investment principles, making life so much more seamless for advisers through combining elements of funds and structured products,” she said. “We also set up a dedicated website to provide advisors with all the information they could possibly need, and we’ve now added the interactive Annual Returns Calculator to make it even simpler to get accurate and relevant information,” Davidson continued. “The system will allow the adviser to quickly calculate the annualised simple return on investment that could be achieved at each possible auto call date in the future. “It also gives the financial planner the flexibility to change the fees to see how this effects potential returns," she added. The Annual Returns Calculator will of course take into account daily fluctuating market conditions - to give clients a clear picture of their investment performance in the UK Autocall Fund. At a time of high volatility in the global investment markets, the calculator will prove an invaluable aid to advisers. The Autocall Fund, which was launched earlier this year, allows advisors to benefit from attractive predefined returns and daily liquidity with no need to reinvest or rollover investments at maturity. “We really are sympathetic to the needs of financial planners and we designed the Autocall Fund to be as transparent as possible with no hidden charges and a fixed investment style,” Davidson commented. “Citi’s new Annual Returns Calculator is the next step in our mission to make life as easy possible for advisors,” she added. - Ends -

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