BARITA'S MONEY MARKET FUND

• Is for the investor who prefers risk free investments.
• Has rates that are competitive and generally higher than bank rates.
• Is secure - all investments are Government of Jamaica Securities (Repurchase Agreements, LRS, Treasury Bills etc.).
• Semiannual statements are provided to all account holders, and on demand.
• Is governed and secured by a Trust Deed.

MONEY MARKET FUND AT A GLANCE:

Annual Rates of return as of June 30 for the last four years

The Money Market Fund began in 1996 and has shown growth of 245% through June 30 2002 or an average of 40.8% per annum. All investments in the Fund are tax-free, and the unit-holder enjoys the growth on the tax until encashed. Tax is paid at a rate of 25% on the gain and ONLY when an encashment is made.

TAX FREE FEATURE

Investors are exempted from taxation if they declare their investments as Long-term Savings Accounts (LSA's), which operate under the following conditions:

• Interest is paid tax-free
• 75% of the interest earned can be withdrawn monthly.
• Over five years a total of $5,000,000 or a maximum of $1,000,000.00 per year can be saved tax free*

* If the principal is withdrawn before five years, the standard tax rate of 25% will apply to all gains.

WHY SHOULD I BUY UNITS IN A MONEY MARKET FUND?

These are several good reasons to invest in this Fund:

• Pooled funds enable small investors to enjoy the same high rates of return as the larger investors. An investor with $5,000 may be offered 6-8 % on his/her deposit while another investor with $1,000,000 could receive 18%. In pooling the funds the Unit Trust Managers are able to command the highest rates of return and all unit holders enjoy these rates.
• Pooled Funds enable the small investor to entrust his/her savings to professional management in a manner that is not available to him/her on an individual basis.
• Pooled Funds are ideal for individuals and companies that have no time to manage their money.
• Pooled Funds can be used as a regular savings vehicle like a bank account.
• Pooled Funds are ideal for saving towards a goal like buying a house, a car or for your children's education.
• Saving Scheme facilities are available through salary deduction mechanism.
• You may encash at anytime.*

* Penalties apply if encashed within 90 days of purchase.

HOW DO I BUY UNITS IN THE FUND?

An application form must be completed and signed and accompanied by payment in full. Offering Circulars and application forms are available through Barita Unit Trusts Management Company Limited, 15 St. Lucia Way, Kingston 5 or Shop 24, Manchester Shopping Centre, Mandeville or any branch of CIBC (now FCIB) Trust & Merchant Bank Limited, or any other selling agent so specified.

HOW ARE THE UNITS VALUED?

The Units are valued on a weekly or daily basis by adding accrued interests to all principal sums invested, subtracting charges as specified in the trust deed then dividing the net amount by all units on hand to realize the unit price.