Fund Name	Standard Initial Charge	Fund Manager's Initial Charge*	SFS Initial Charge	Saving on £10,000 investment**	Fund Managers AMC	Morning Star Rating 1	S&P Rating 2	More Info	Buy
Invesco Perpetual Managed Income Acc	5%	0%	0%	£500	1.5%		A
Invesco Perpetual Managed Income Inc	5%	0%	0%	£500	1.5%		A
Jupiter Merlin Balanced Portfolio Acc	5.25%	0.25%	0%	£500	1.5%		AAA
Jupiter Merlin Balanced Portfolio Inc	5.25%	0.25%	0%	£500	1.5%		AAA
BlackRock Balanced Income Portfolio Acc	5%	0%	0%	£500	1.5%		A
BlackRock Balanced Income Portfolio Inc	5%	0%	0%	£500	1.5%		A
Newton Balanced	4%	0.5%	0%	£350	1.5%		AAA
Aviva Investors Balanced Fund of Funds	5%	0%	0%	£500	1.5%		AA

Fund Name	Standard Initial Charge	Fund Manager's Initial Charge*	SFS Initial Charge	Saving on £10,000 investment**	Fund Managers AMC	Morning Star Rating 1	S&P Rating 2	More Info	Buy
Henderson Cautious Managed Fund Acc	5%	0%	0%	£500	1.25%		AA
Henderson Cautious Managed Fund Inc	5%	0%	0%	£500	1.25%		AA
HSBC Open Global Distribution Fund Acc	4%	0%	0%	£400	1.25%		A
HSBC Open Global Distribution Fund Inc	4%	0%	0%	£400	1.25%		A
HSBC Open Global Return Fund Acc	4%	0%	0%	£400	1.25%		A
HSBC Open Global Return Fund Inc	4%	0%	0%	£400	1.25%		A
INVESCO PERPETUAL Distribution Inc	5%	0%	0%	£500	1.375%		AA
INVESCO PERPETUAL Distribution Acc	5%	0%	0%	£500	1.375%		AA
Jupiter Merlin Income Portfolio Acc	5.25%	0.25%	0%	£500	1.5%		AAA
Jupiter Merlin Income Portfolio Inc	5.25%	0.25%	0%	£500	1.5%		AAA
Prudential Managed Defensive Fund Acc	5%	0%	0%	£500	1.35%		A
Prudential Managed Defensive Fund Inc	5%	0%	0%	£500	1.35%		A
Threadneedle Equity & Bond Fund	3.75%	0.75%	0%	£300	.25%		AA
M&G Cautious Multi Asset Fund A Acc	4%	0%	0%	£400	1.35%		A
M&G Cautious Multi Asset Fund A Inc	4%	0%	0%	£400	1.35%		A
Aviva Investors Cautious Fund of Funds	5%	0%	0%	£500	1.5%		AA

Fund Name	Standard Initial Charge	Fund Manager's Initial Charge*	SFS Initial Charge	Saving on £10,000 investment**	Fund Managers AMC	Morning Star Rating 1	S&P Rating 2	More Info	Buy
Invesco Perpetual Managed Growth Acc	5%	0%	0%	£500	1.5%		A
Invesco Perpetual Managed Growth Inc	5%	0%	0%	£500	1.5%		A
Jupiter Merlin Growth Portfolio Acc	5.25%	0.25%	0%	£500	1.5%		AAA
Jupiter Merlin Growth Portfolio Inc	5.25%	0.25%	0%	£500	1.5%		AAA
M&G Managed Growth Fund A Acc	4%	0%	0%	£400	1.5%		AA
M&G Managed Growth Fund A Inc	4%	0%	0%	£400	1.5%		AA
Newton Managed	4%	0.5%	0%	£350	1.5%		AA

INC = The profits from this ISA are provided as a regular income
ACC = The profits from this ISA are re-invested to help your investment grow

In providing this data, Skipton Financial Services (SFS) Limited has used the services of Library Information Services Limited and Fidelity FundsNetwork. Consequently, SFS cannot be held responsible for any inaccuracies contained in any information provided by any third party. All returns and illustrations are based on current tax legislation which is subject to unforeseen change. Past performance is not a guide to future returns

* The Initial Charge after 100% of SFS Initial Charge has been rebated and including any fund manager discounts, if applicable.

** Saving on £10000 investment through SFS Invest Direct. Figures accurate as at 01 May 2012.

¹ 'Morningstar rates investments from one to five stars based on how well they've performed in comparison to similar investments, after adjusting for risk and accounting for all relevant sales charges.' Source Morningstar

² 'Standard and Poor's Fund Services offers qualitative assessment of over 1,300 funds and the highest quality research on investment management capabilities. A team of 45 experienced analysts investigates and monitors long-only equity funds, fixed income funds, funds-of-hedge-funds and absolute return funds. The Fund Services methodology identifies the process, research skills, team strength and group solidity that lies behind the long-term outperformance of leading funds in each market and sector. Those that come through the process successfully carry a rating of quality recognised throughout the investment world.' - Source Standard & Poors

Position in the highly rated funds on the Fundsnetwork platform, April 2012. Based on gross funds placed under management, excluding funds re-registration. (Source Fundsnetwork).