com/ ) is an open-ended fund
domiciled in Curacao, Netherland Antilles, with a fluctuating net asset value that is priced monthly.
This is because shareholders in The Aida Open-Ended Fund Limited (the "Open-Ended Fund") are able to elect to move to a redeeming shares class at net asset value and realise their shareholdings in cash as the underlying assets are realised over time.
Shareholders will receive an in specie redemption distribution comprising Open-Ended Fund Ordinary Shares and Open-Ended Fund Side-Pocket Shares as described in more detail below (the "First Distribution").
performance of the Aida Open-Ended Fund investments, the performance of
Aida Open-Ended Fund prospectus documents dated 25 November 2009.
3) In accordance with the prospectus documents dated 25 November 2009 Aida Closed-Ended Fund Side Pocket shares and the Open-Ended Fund Side Pocket Shares are valued semi-annually as at the end of June and December.
These valuations, which have been prepared in good faith by the Aida Closed-Ended Fund and the Aida Open-Ended Fund, are based principally on formal valuations supplied to the Aida Closed-Ended Fund and the Aida Open-Ended Fund by the administrators of the Aida Closed-Ended Fund and the Aida Open-Ended Fund underlying investments.
The registration document published on 25 November 2009 of The Aida Closed-Ended Fund Limited and the Aida Open-Ended Fund
Limited contains further details of the selling restrictions in such jurisdictions.
Of the underlying funds that Aida Open-Ended Fund invests in 18 of the funds that reported increased during the month whilst 1 of the funds that reported have decreased.
In order to give investors an understanding of the performance of the Aida Open-Ended Fund investments, the performance of the Aida Closed-Ended Fund prior to the restructuring has been included in the statistics given in the tables regarding the November NAV performance above.
of the Aida Closed-Ended Fund and Aida Open-Ended Fund.
Wednesday, 25 November 2009 Shares in the Aida Open-Ended Fund issued to