Clayton Moore's Money Fund. Clayton Moore is the manager of an international money market and managed out of London. Unlike many money funds that guarantee their investors anar risk free investment with variable interest comings. Clayton Moore's fund is a very agressive fund that searches out relatively high interest eamings around the globe, but at some risk. The fund is pound-denominated Clayton is currently evaluating a rather interesting opportunity in Malaysia. Since the Asian Crisis of 1997, the Malaysian government enforced a number of currency and capital restrictions to protect and preserve the value of the Malaysian ringgit. The ringgit was fixed to the US dollar RM3.80$ for seven years. In 2005, the Malaysian government allowed the currency to float against several major currence. The current spot rate today is RMS 13486/5 Local currency time deposits of 180-day maturities are coming 8.898% per annum. The London eurocurrency market for pounds is yolding 4.195% per annum on 180 day maturities. The current spot rate on the British pound is $1.5817/L, and the 180 day forward rate is $1.5555/. The initial investment is 1,100,000.00 The investment proceeds from the Wital investment is (Round to two decimal places)