RIO Club membership reaches 700                                   12.7. 2011

There has been an encouraging upturn in referrals since we reopened the club to additional membership in late 2010. Existing members have once again began referring their family, friends and work colleagues as potential new members to the benefits and advantages of the RIO Club.

Members may recall that since 2004 RIO began warning members of an impending financial crisis which became historic fact during 2008, as such RIO became renowned for being one of the first investment companies in the world to accurately predict the financial crisis that shook the foundations of the world’s financial system.  History shows that we temporarily suspended any new membership applications in 2007 to focus and prepare for the coming financial crisis. Referrals were still forth coming from our membership during 2007 and 2008 these are being processed now.

Since lifting the suspension there has been a steady stream of referrals coming from our existing members particularly those invested in the RIO Professional Investors Fund.

All administration is handled by the clubs central administration office based in IOM. This now includes the Fund reports which are written by the clubs dedicated fund manager and are now e-mailed via the centralized system. This ensures continuity of service throughout the RIO product range.

The benefits arising from additional investment capital is obvious, not least being that it assists in our goal to retain our famously low charging structure. As pledged by William Gray during 1997, these charges have remained unchanged in fourteen years! A stark comparison in the investment industry where charges have doubled!

The club has raised the target level for membership to 888.

Mat Williamson

Director of Administration
The RIO Club