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Safeguarding Invested Capital. 29
On receipt of such a list the Registry will inform its
owner how far his investment position can be improved
as to capital safety; also whether, and by how much, the
income can be increased without diminishing the safety
of the capital invested. The expert knowledge of the
Registry’s staff is so extensive that this information can
be ascertained without much work being expended upon
the list submitted; it is therefore given free of charge.
At the same time, an inclusive fee is quoted for advising
upon and suggesting re-arrangement of the list. Unless
the estimate is accepted no fee becomes payable, and
therefore no responsibility attaches to the investor in
submitting a rough list of his holdings.
The fee quoted covers the following work :—
1. Apportioning the investments held to their
proper geographical areas—ascertaining and re
porting as to the profit or loss shown on all the
investments, the income and yield of each, and the
average yield and total income obtained—examin
ing the quality of all the investments held, and
suggesting how far a re-arrangement is advisable.
Note.—The investor receives the above information
in the form of a preliminary report, together with a
question form, on which he is requested to state his
exact investment requirements.
2. The correspondence and interviews necessary
to correct errors (if any) in the original list sub
mitted, and the task of ascertaining the investor’s
exact requirements in order that the quality of the
stocks, he should hold, may be definitely determined.