Arcam AVR300 8VLQJ =RQH , 0DLQ 0HQX 6FUHHQ , 0$,1 018 VFUHHQ , Qwurgxfwlrq, Lvs D, Hiihfw

0DLQ 0HQX 6FUHHQ 

&RPSUHVVLRQ$OORZVVHOHFWLRQRIWKUHHGLIIHUHQWFRPSUHVVLRQUDWLRV2))0(',80 DQG+,*+ZKHUHWKHKLJKHUFRPSUHVVLRQLVLQWHQGHGIRUµODWHQLJKW¶OLVWHQLQJ

7KHFRPSUHVVLRQHIIHFWLQFUHDVHVWKHYROXPHRIWKHTXLHWSDVVDJHVDQG

GHFUHDVHVWKHYROXPHRIWKHORXGHUSDVVDJHV&RPSUHVVLRQFDQEHGLVDEOHGE\ VHWWLQJWKLVLWHPWR2)) &RPSUHVVLRQLVRQO\DYDLODEOHRQ'ROE\'LJLWDOUHFRUGLQJVDQGRQVRPH'76

UHFRUGLQJV

/LS 6\QF$OORZVWKHLQWURGXFWLRQDQGDGMXVWPHQWRIDWLPHGHOD\EHWZHHQWKH

DXGLRDQGYLGHRVLJQDOVWRFRPSHQVDWHIRUWKHVRXQGDQGSLFWXUHQRWEHLQJ

V\QFKURQLVHG7KLVPD\EHUHTXLUHGZKHQH[WUDYLGHRSURFHVVLQJLVXVHGLQWKH

V\VWHPIRUOLQHGRXEOLQJRUSURJUHVVLYHVFDQYLGHRRUIRUZKHQD'9'KDVEHHQ

SRRUO\PDVWHUHGRUDEURDGFDVWVKRZVQRWLFHDEOHGHOD\EHWZHHQWKHYLGHRDQG

DXGLR

7KHOLSV\QFIXQFWLRQZRUNVRQDOOVRXUFHVXQOHVV6WHUHR'LUHFWLVVHOHFWHG/LSV\QFLVDOVR

GLUHFWO\DYDLODEOHRQWKH6<1EXWWRQRQWKHUHPRWHFRQWURO

7KHUDQJHRIOLSV\QFGHOD\LVWRPLOOLVHFRQGV7KHOLSV\QFDGMXVWPHQWFDQRQO\FRUUHFWIRU

GHOD\HGYLGHRLIWKHDXGLRLVGHOD\HGVHWOLSV\QFWRLWVPLQLPXP

3UR /RJLF ,,[ 0XVLF 0RGH7KLVDOORZVWKHDGMXVWPHQWRIWKHVRXQG¿HOGIRU'ROE\3UR/RJLF,,,,[

0XVLFGHFRGLQJRIWZRFKDQQHOVRXUFHV

'LPHQVLRQDOORZVWKHXVHUJUDGXDOO\WRDGMXVWWKHVRXQG¿HOG HLWKHUWRZDUGVWKHIURQWRUWRZDUGVWKHUHDU,IDUHFRUGLQJL

WRRVSDFLRXVRUVWURQJIURPWKHVXUURXQGVLWFDQEHDGMXVWHG

µIRUZDUG¶WRJHWDEHWWHUEDODQFH/LNHZLVHLIDVWHUHRUHFRUGLQJ

LVVRPHZKDWWRRµQDUURZ¶VRXQGLQJLWFDQEHDGMXVWHGWRZDUGWKH

UHDUWRJHWDPRUHHQYHORSLQJLPPHUVLYHUHVXOW:HUHFRPPHQG

µ'LPHQVLRQ¶LVVHWWRIRUQRUPDOXVH

		&HQWUH :LGWK:LWK3UR/RJLFGHFRGLQJ
			'LVS D\		&HQWUH VSUHDGLQJ
	GRPLQDQWFHQWUHVLJQDOVFRPHRQO\IURPWKH
FHQWUHVSHDNHU,IQRFHQWUHVSHDNHULVSUHVHQW					HIIHFW
WKHGHFRGHUVSOLWVWKHFHQWUHVLJQDOHTXDOO\WR					1RFHQWUHVSUHDGLQJ
WKHOHIWDQGULJKWVSHDNHUVWRFUHDWHDµSKDQWRP
					ƒ
	FHQWUHLPDJH7KH&HQWUH:LGWKFRQWURODOORZV
YDULDEOHDGMXVWPHQWRIWKHFHQWUHLPDJHVRLWPD\					ƒ
		EHKHDUGRQO\IURPWKHFHQWUHVSHDNHURQO\IURP
WKHOHIWULJKWVSHDNHUVDVDSKDQWRPLPDJHRU					ƒ
IURPDOOWKUHHIURQWVSHDNHUVWRYDU\LQJGHJUHHV					ƒ
:HUHFRPPHQGµ&HQWUH:LGWK¶LVVHWWRIRU
					ƒ
	QRUPDOXVH
		3DQRUDPD 0RGH([WHQGVWKHIURQWFHQWUH			ƒ
		LPDJHWRLQFOXGHWKHVXUURXQGVSHDNHUVIRU			3KDQWRPFHQWUH
DQH[FLWLQJµZUDSDURXQG¶HIIHFWZLWKVLGHZDO
LPDJLQJ				7KHµ&HQWUH:LGWK¶VHWWLQJIRU
			'ROE\3UR/RJLF,,[0XVLF0RGH

0$,1 0(18 VFUHHQ 

7KLVSDJHUHIHUVWR=RQHIXQFWLRQV7KHVHDUHUHTXLUHGLI\RXUV\VWHPLVLQVWDOOHG

WRVHQGDXGLRDQGYLGHRWRDVHSDUDWHµ=RQH¶URRPRU\RXZLVKWRPDNHXVHRIWKH

=RQHKHDGSKRQHIDFLOLW\

9R 6KRZVSUHVHQWYROXPHEHLQJXVHGLQ=RQHDQGFDQEHDGMXVWHGIURPKHUH 7KLVLVDOVRWKHYROXPHFRQWUROIRUWKHKHDGSKRQHVRXWSXWLILWLVDVVLJQHGWR =RQH

=RQH  6RXUFH6HOHFWVZKLFKVRXUFHLVVHQWWR=RQH7KHVRXUFHFDQEHVHOHFWHG VSHFL¿FDOO\RUFDQEHVHWWR)ROORZ=RQH 1RWHWKDWSUHVVLQJWKH7+;EXWWRQLQ=RQHZLOOFDXVHWKHLQSXWIRU=RQHWR EHVHWWRµ)ROORZ]RQH¶

8VLQJ =RQH 

,QWURGXFWLRQ

=RQHSURYLGHVWKHRSWLRQIRUWKHRFFXSDQWVRIWKHPDVWHUEHGURRPFKLOGUHQ¶VURRPRUNLWFKHQWRYLHZ

RUOLVWHQWRDGLIIHUHQWVRXUFHDWDGLIIHUHQWYROXPHOHYHOIURPWKHPDLQ]RQH

&RQWURORI=RQHLVYLDDQLQIUDUHGUHFHLYHUWKDWVHQGVFRPPDQGVEDFNWRWKH$956HHµ&RQWURO &RQQHFWLRQV¶RQSDJHIRUIXUWKHULQIRUPDWLRQ

$95

(