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Tel: 020 7799 5454 Email: enquiries@pan-asset.co.uk Tuesday 22nd May 2012

PanDynamic Funds

The Fund For You

Investors can invest in one or more funds if they seek a risk profile which is not already met by the four available funds. For example, by investing 50% into each of PanDEFENSIVE and PanBALANCED, an investor will achieve a risk profile which lies between those two funds. Each Fund has three share classes. Those for Retail and Institutional Investors will be accumulation units and reinvest income. The Charity share class will be income units and pay dividends. More income share classes may also be launched in due course.

N.B. For the retail share class the minimum subscription is £1,000 with the minimum additional investments of £500. For all other share classes the minimum investment is £50,000.