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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.