7KH ,%0 7KLQN3DG SURYLGHV DXGLR IHDWXUHV
FRPPRQO\ QRW IRXQG LQ QRWHERRN FRPSXWHUV ,Q
DGGLWLRQ WR ELWV .K] VWHUHR UHFRUG DQG
SOD\EDFNVXSSRUWIRU656'DQG'ROE\'LJLWDO
DXGLR SOD\EDFN DUH LQFOXGHGRQ VHOHFWHG PRGHOV
7KHSXUSRVHRIWKLV)DFW6KHHWLVWRGHVFULEHWKH
EHQHILWVRI656'DQG'ROE\'LJLWDODXGLRDQG
H[SODLQKRZLWLVVXSSRUWHGRQWKH7KLQN3DG
,656'6WHUHR6RXQG
6RXQG 5HWULHYDO 6\VWHP 656 FUHDWHV D WKUHH
GLPHQVLRQDO VRXQG LPDJH IURP DQ\ DXGLR VRXUFH
ZLWK RQO\ WZR FRQYHQWLRQDO VWHUHR VSHDNHUV
:KHWKHU WKH VLJQDO LV PRQR VWHUHR RU VXUURXQG
VRXQGHQFRGHG656H[SDQGVWKHDXGLRPDWHULDO
DQGJLYHVWKHXVHUWKHVHQVDWLRQRIDXGLRFRPLQJ
IURPPRUHWKDQWZRVSHDNHUV
656LVVXSSRUWHGRQDOO,%07KLQN3DGHLWKHU
ZLWK WKHLQWHUQDO VSHDNHUV RU ZKHQWZR VSHDNHUV
DUHFRQQHFWHGWRWKH7KLQN3DG©VKHDGSKRQHMDFN
7RHQDEOH656RSHQWKH$XGLR0L[HUDQGPDNH
VXUH656LVHQDEOHGQRW087(
,,'ROE\'LJLWDO
2YHUWKHSDVWFRXSOHRI\HDUV'ROE\/DERUDWRULHV
KDVXVHGWKHWHUP'ROE\'LJLWDOWRUHIHUWRDQHZ
GLJLWDO V\VWHP LQ WKH ILOP DQG WKHDWHU LQGXVWULHV
DQG KDV XVHG WKH WHUP 'ROE\ 6XUURXQG $& WR
UHIHUWRWKHV\VWHPLQWKHKRPHWKHDWHUPDUNHW,Q
SUDFWLFHERWKWKHFLQHPDDQGKRPHWKHDWHUDSSOL
FDWLRQV DUHYDULDWLRQV RI WKH VDPHEDVLF WHFKQRO
RJ\VOLJKWO\GLIIHUHQWGDWDUDWHV6RWRPLQLPL]H
WKH
SRVVLELOLW\ RI FRQIXVLRQ E\ FRQVXPHUV 'ROE\
/DERUDWRULHV KDV GHFLGHG WKDW 'ROE\V FRQVXPHU
PXOWLFKDQQHOGLJLWDOIRUPDWZLOOEHNQRZQE\WKH
VDPHQDPHXVHGLQWKHILOPDQGWKHDWHULQGXVWULHV
'ROE\'LJLWDO
7KLVLVH[SHFWHGWRKHOSFRQVXP
HUVPRUHUHDGLO\LGHQWLI\SURGXFWVWKDWIHDWXUHLW
DQGWRKHOSGLVWLQJXLVKLWIURP'ROE\6XUURXQGDQG
'ROE\ 3UR /RJLF IRUPDWV ZKLFK DUH EDVHG RQ
DQDORJPDWUL[WHFKQRORJ\
'ROE\ 'LJLWDO SURYLGHV GLVFUHHW IXOO IUHTXHQF\
+]WR+]DXGLRFKDQQHOVSOXVDOLPLWHG
IU]WR +]FKDQQHOIRUDGGLWLRQDO
EDVV ,W LV WKHUHIRUH PDQ\ WLPHV UHIHUUHG WR DV
¦§FKDQQHOV$OOVL[FKDQQHOVDUHGLJLWDOZKLFK
PHDQV WKH\FDQ EHWUDQVIHUUHG ZLWKRXWORVV IURP
WKH SURGXFHU©V PL[LQJ FRQVROH WR \RXU SOD\EDFN
V\VWHP $OO VL[ FKDQQHO GLJLWDO LQIRUPDWLRQ DUH
SDFNHG HQFRGHG LQWR OHVV VSDFH WKDQ D VLQJOH
FKDQQHORQD&RPSDFW'LVFUHTXLUHV
3DJH
,%07KLQN3DG$GYDQFHG$XGLR
)DFW6KHHW
6HSWHPEHU
