INVESTMENT CRITERIA-II

Like the ever-watchful eagle, FNCP is constantly on the lookout for attractive investment opportunities.


WHAT THE FUND WILL NOT INVEST IN

GENERAL AND SPECIFIC


1. Start-ups or early-stage businesses.


2. Unprofitable businesses or “Turn-around” situations.


3. Those beyond our targeted geographic boundaries.


4. Those without management in place at the outset.


5. Those with high R and D expenditures, capital intensive or heavily regulated.


6. Gaming (except suppliers).


7. Finance Companies.


8. Development deals e.g. real-estate, movies, oil and gas, minerals.


9. High tech, life sciences, bio-med or bio-tech.


10. Syndications or those in which FNCP has no say or influence.