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Further Information: Information on all the Timeless Funds can be found on our website: www.timeless-funds.com. Write to us at: Timeless values An optimal solution Even when investors are able to recognize current market developments, investing in gold and silver will not necessarily guarantee them success. The Timeless Precious Metal Fund team has the depth of experience and knowledge required to retain the value of their assets and achieve above average capital gains over a long period of time. The Timeless Precious Metal Fund Team: Peter Zihlmann, Fund Manager CH-8001 Zurich [email protected], www.pzim.ch Kurt W. Kamber, Managing Director [email protected] www.swiss-admin.com.mt Dr. David E. Griscti, Secretary and Director Valletta VLT 1467, Malta [email protected]firm.com.mt, www.dglawfirm.com.mt We are here for you! Take the time to speak with us on timeless investment opportunities. The Investment Strategy Long-term capital growth is our highest goal. The choice of which companies to invest in is taken only after a thorough fundamental analysis of listed companies worldwide that are active in the junior mining sector. The fund targets a balanced diversification in terms of the size, stage of development and geo-political exposure of our holdings. It therefore maintains about 50 constituents on an on-going basis. The most heavily-weighted position (approximately 50%) comprises producing mines. About 30% of the fund is invested in smaller companies that will go into production within the coming two years. Since companies are measured on their production capacities, those companies that are able to substantially expand their output over many years will be rewarded with out-performing valuations. The Timeless Precious Metal Fund received their license on 16 July 2004 from the Malta (EU) Financial Services Authority (MFSA) as a “Retail Collective Investment Scheme”. Fund Manager P. Zihlmann Investment Management AG Limmatquai 72, CH-8001 Zurich Phone +41 44 268 51 10, Fax +41 44 268 51 51 Skype: peterzihlmann [email protected] www.pzim.ch Administrator Valletta Funds Services www.vfs.com.mt Depository Bank: Bank of Valletta plc, Malta www.bov.com Auditors: PricewaterhouseCoopers, Malta www.pwc.com/mt Disclaimer This is an advertisement. Prospective applicants for Shares should read the complete prospectus and inform themselves as to the legal requirements and any applicable exchange control or tax requirements in the countries of their nationality, residence or domicile. Investments in high-growth gold and silver mining companies Key Info ISIN: MT0000072612 Swiss Valor: 1921952 Domicile: Valletta, Malta Currency: Euro (€) Minimum Subscription: 8.000 € Management Fee: 2% p.a. The Timeless Precious Metal Fund Why Precious Metals? The Timeless Precious Metal Fund offers a unique opportunity to invest in companies active in the very promising areas of gold and silver exploration and production. The fund strategy concentrates on small and mid-sized companies, which have a greater growth potential relative to the bigger cap stocks. Historically, precious metals, especially gold, were the embodiment of wealth and gold was a classical instrument for savings for many centuries. Precious metals were worked into jewelry and ancient cults used them in coins or weighed nuggets as a medium of exchange. Junior and mid-tier mining companies can grow more quickly because they can continuously and quickly expand resources and production. The existing larger players (i.e. the majors) often have difficulty to continuously expand their gold and silver reserves, resources or increase production levels. This is the reason that we maintain a high portion of the portfolio invested in companies with producing mines. Companies with a strong exploration potential round out the spectrum. For hundreds of years, gold was a measure of worth and an instrument for savings. Because of its stable valuation, governments used gold to cover paper currencies for a very long time. But more recently, currencies have broken away from the gold standard and massive amounts of new paper cash have been issued, leading to a massive drop in the purchasing power of most modern currencies. Paper money’s function as a measure of value, as a medium of exchange and especially as an instrument of savings has disappeared before our very eyes. It no longer functions as a guarantee for asset protection and therefore can no longer underpin long-term and retirement savings. Monthly Reports Precious Metals against the Erosion of Monetary Value Precious metals and other tangible assets provide robust protection against the global devaluation of money. They retain value and can neither be arbitrarily reproduced nor destroyed. As opposed to paper money, which only represents a promise of payment, precious metals have intrinsic value and are debt free. They are like an insurance against devaluation. Gold is worldwide the only liquid tangible value that is recognized as a monetary alternative. Not only in times of rising inflation, but also in the rare case of deflation, gold and silver shares have proven to be an excellent vehicle for value coverage and conservation. P. Zihlmann Investment Management AG, the Manager of the Timeless Precious Metal Fund, issues a monthly report on the fund’s development. Download the Monthly Reports here: www.timeless-funds.com/content/timeless-preciousmetal-documentation Or request them per email to: [email protected]