Press release - Eden Launches High Conviction UK Select Opportunities Fund

1 September 2011

Eden Financial will launch the CF Eden UK Select Opportunities Fund, the firm's newest OEIC portfolio, on 1st September, 2011. The Fund will be run by recently appointed, highly accomplished fund manager Leigh Himsworth. Leigh has over 20 years investment experience during which he headed up the UK equity team at Gartmore, after having worked at Royal London and Rensburg.

Head of Asset Management, Ed Rosengarten said:

"Eden's stated objective is to hire talented fund managers and create a compelling range of funds for investors. In this fund launch we have the optimal combination of a high calibre manager and a fund that is highly relevant for clients. Leigh brings to Eden not only many years of UK equity experience but an impressive track record that has weathered the harshest market conditions. Eden provides Leigh with an investment-led and client-centric culture that enables him to concentrate entirely on managing this exciting new portfolio."

Leigh Himsworth commented:

"This fund is a 40 to 60 stock ëhigh convictioní portfolio, with significant exposure in UK mid and small cap companies that are ëslightly off the radarí offering excellent value and the prospects of higher growth. My approach centres on a thorough investigation of companies enabling our investors to access exciting investment opportunities in a risk controlled way.

Hugging an index is not my idea of delivering value to clients, especially as it is likely to contain a large element of risk. I'm committed to doing the legwork and to uncovering 'gems', not tiny companies but those that have escaped the glare of publicity. Each of the fundís investments will contribute something different to the portfolio and I will seldom duplicate ideas. I use a highly disciplined approach to monitor individual stocks and run a well-diversified portfolio. More importantly, I never forget that my goal is to generate returns for investors."

For further information, please contact:

Jain Castiau, Director - Cauldron Consulting Limited
Tel: 020 3178 7236 / 07 909 963 969
Email: Jain.castaiu@cauldron-consulting.com

Leigh Himsworth, Fund Manager - Eden Financial
Tel: 020 7509 7000
Email:leigh.himsworth@edenfinancial.com

Notes to Editors:

Eden: Privately owned and based in the City of London, Eden provides investors and their advisers, independent and transparent investment management services. Clients include high net worth individuals, families, pension funds and non-profit organisations. Eden Financial Limited is authorised and regulated by the Financial Services Authority. Detailed fund and company information can be obtained from http://www.edenfinancial.com
CF Eden UK Select Opportunities Fund
The objective of the fund is to provide investors with consistent long term total return through investment in a concentrated portfolio of mainly UK listed companies. There will be no particular emphasis on any economic or industrial sector. From time to time, the fund may also invest in collective investment schemes, money market instruments and cash.

Fund information

Launch date - 1st September 2011
Fund type - OEIC
ACD - Capita Financial Managers Limited
Sector - UK All Companies
Currency - £ sterling
Valuation point - 12.00 midday London
TER - 1.96%
Yield - 2.66%
Initial charge

5.00% Retail class (A)
5.00% Institutional class (B)

Annual management charge

1.50% Retail class (A)
1.00% Institutional class (B)

Minimum investment

£1,000 Retail class (A)
£1 million Institutional class (B)

Ex dividend dates

Final 30th September
Interim 31st March

Distribution dates

Final 30th November
Interim 31st May

Hargreaves Lansdown fund research:
http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/c/cf-eden-uk-select-opportunities-income

Leigh Himsworth: Leigh trained as an accountant, joining PriceWaterhouse in 1989. After completing his MBA in 1995 he moved to Rensburg. He went to NestlÈ in 1998 where he managed small and mid cap pension funds before returning to Rensburg in 2001 to run the UK Mid-Cap Growth Trust. In 2006 he moved to Royal London Asset Management where he ran the companyís UK Mid Cap Trust. In September 2009 he joined Gartmore to head up the UK equity team and manage the Gartmore UK Alpha Fund.

Track record: Leigh has run the Rensburg UK Mid Cap Growth Trust, the Royal London UK Mid Cap Growth Trust and the Gartmore UK Alpha Fund. During his 3 years running the Royal London UK Mid-Cap Trust (to 30 June 2009), his was only one of four funds out of a total 270 funds in the IMA UK All Companies sector to deliver positive returns. The fund was top decile in its sector over 1, 2 and 3 years and outperformed over each of the discrete 12 months periods.

Ed Rosengarten: Ed joined Eden in February 2011, taking up the newly created position of Head of Asset Management. He was charged with the responsibilities of driving Edenís advance into asset management and developing its already successful private client business. He had previously spent 18 years at M&G, taking over as Chief Executive of Equities in 2001. His responsibilities subsequently extended to include retail fixed income in 2005 and multi-asset investing in 2007. Over this period M&G was re-established as one of the UKís leading asset management firms