Just had a peak at the performance for the june 2008, out of curiousity for those that did and what an ugly sight it is! performance Threshold Management has reduced exposure to many of the underlying investments to between the ranges of 0% - 27%. With falls in capital value of between -21% to -49%, these funds are never going to make their money back! Capital protection is great but thresehold management in the current climate of high volatility is absolutely the wrong way to go. I prefer the OM-IP stlye of protection where from day one they put $0.70 away in a bond and go nuts on whats left. Just use this as a warning if your thinking of using a capital protected product, look closely and see how they are protected.