Changes to the FTSE/APCIMS Private Investor Index Series

22 September 2008

The FTSE/APCIMS Private Investor Index Series Committee announces the following changes to the asset weightings used to calculate the FTSE/APCIMS Private Investor Index Income Portfolio. The changes are effective from 22 September 2008.

	Current Growth Portfolio	New Growth Portfolio
UK shares	50	47.5
International shares	30	30
Bonds	5	5
Cash	5	5
Commercial Property	5	5
Hedge funds	5	7.5
Total	100	100

	Current Balanced Portfolio	New Balanced Portfolio
UK shares	45	42.5
International shares	22.5	22.5
Bonds	17.5	17.5
Cash	5	5
Commercial Property	5	5
Hedge funds	5	7.5
Total	100	100

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