Oryx International Growth Fund (OIG) Ordinary 50p

Oryx International Growth Fund Limited is a Guernsey-based closed-ended investment company. The investment objective of the Company is to seek consistently high absolute returns while maintaining a low level of risk, principally through investment in medium and small sized quoted and unquoted companies in the United Kingdom and the United States. The Company invests in derivatives, financial instruments, money market instruments, and currencies. Its portfolio comprises approximately 40 to 60 holdings. The Company's investment manager is Harwood Capital Management (Gibraltar) Limited LLP.

The purpose of the Company is to generate above-market returns, as measured against the appropriate index, over the medium and long term through investment in small and medium size companies.The Company principally invests in small and mid-size quoted and unquoted companies in the UK and US. The Investment Manager targets companies that have fundamentally strong business models but where there may be specific factors which are constraining the maximisation or realisation of shareholder value, which may be realised through the pursuit of an activist shareholder agenda by the Investment Manager. Dividend income is a secondary consideration when making investment decisions.

• Ongoing charge1.40%
• Annual management charge -
• Performance feeNo

Management fee 1.25% p.a. on first GBP 15m of the NAV, 1% of any excess. The Management and Investment Advisory contracts are terminable on not less than twelve months notice by either party or earlier on certain breaches or on the insolvency of either party.