You won’t fi nd distinctive performance by looking
in the usual places.
Cazenove European Equity (ex UK) Fund
Chris Rice, manager of the Cazenove European Equity (ex UK) Fund, looks to achieve
distinctive risk-adjusted performance through a contrarian approach. Managing a portfolio
of approximately 80 stocks, Chris applies a business cycle strategy enabling him to express
his macro considerations at a stock level. This approach is both hard to replicate and has
seen Chris win numerous awards. The Cazenove European Equity (ex UK) Fund has
returned 55.0% since launch in May 2004, outperforming the sector average and
benchmark by 27.3% and 18.3% respectively*.
Contact us on: +44 (0)20 7155 5814 or visit www.cazenovecapital.com/funds
* Source: Lipper, B (Acc) share class, gross income reinvested, 28/05/04 to 31/12/09. Sector: Equity Europe ex UK. Benchmark: FTSE Europe ex UK. Past performance should not be
seen as an indication of future performance. The value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested.
Details of the terms and risk warnings are contained in the Simplifi ed Prospectus. This document is issued by Cazenove Capital, the name under which Cazenove Capital Management
Limited (registered no. 3017060) and Cazenove Investment Fund Management Limited (registered no. 2134680), each authorised and regulated by the Financial Services Authority and
of 12 Moorgate London EC2R 6DA, provide investment products and services. Prepared for professional advisers for information purposes only and must not be distributed to retail
investors. This document does not constitute an offer to enter into any agreement nor is it a solicitation to buy or sell any investment therein. Telephone calls may be recorded for training
and monitoring purposes.
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