For more information on the management of the Target Fund, please refer to the section “Investment management”. section of the Prospectus of the Target Fund, which is incorporated herein by reference, and in the section “Investment Advisory and Other Services”? section of the IAD of the Target Fund, which is incorporated herein by reference. A discussion regarding the basis of the AIC board of directors the approval of the investment advisory agreement for the target fund is available in the target fund’s most recent semi-annual report to shareholders, which is incorporated herein by reference.
For more information on the management of the Acquiring Fund, please refer to the section “Management of the Funds” ?? section of the acquiring fund’s prospectus, which is incorporated herein by reference, and the “Investment Advisory and Other Services” section? section of the SAI of the Acquiring Fund, which is incorporated by reference into the SAI linked to this proxy / prospectus. A discussion regarding the basis for the approval by the JOHCM Board of Directors of the investment advisory agreement for the acquiring fund will be available in the acquiring fund’s first annual or semi-annual report to shareholders after commencement of operations.
Administrator, Transfer Agent and Custodian
The Northern Trust Company, 50 South LaSalle Street, Chicago, Illinois 60603, acts as the administrator of the acquiring fund, the fund’s accounting agent, transfer agent and custodian.
SEI Investments Global Funds Services, One Freedom Valley Drive, Oaks, PA 19456, serves as the administrator of the target fund.
US Bank National Association, 800 Nicollett Mall, Minneapolis, Minnesota 55402-4302, serves as the target fund’s transfer agent.
MUFG Union Bank, NA, 350 California Street, 6e Floor, San Francisco, CA 94104, is the custodian of the target fund.
Independent registered accounting firm
PricewaterhouseCoopers LLP (?? PwC ??), One North Wacker, Chicago, Illinois 60606, is the independent registered public accounting firm which serves as the independent registered public accounting firm of the Acquiring Fund. PwC performs an annual audit of the Fund’s financial statements and provides audit and tax services.
BBD, LLP, 1835 Market Street, 3rd Floor, Philadelphia, PA 19103, is an independent registered public accounting firm for the Target Fund.
As indicated below, the target fund will be reorganized into an acquiring fund, with Shareholders of the target fund being issued institutional class shares of the acquiring fund. The following section describes the different distribution methods and the eligibility conditions of the Funds.
Distribution of the target fund and acquisition of fund shares
JOHCM Funds Distributors, LLC (?? JOHCM FD ??), a wholly owned subsidiary of Foreside Financial Group, LLC (?? Foreside ??), a registered broker dedicated to the marketing and distribution in the United States of funds Pools advised by JOHCM USA, including the Acquiring Trust, located at 3 Canal Plaza, Suite 100 Portland, Maine 04101, serves as principal distributor for the Acquisition Fund pursuant to a written agreement. JOHCM FD provides services only to the acquiring trust.