IMPORTANT LEGAL INFORMATION

All the visitors to this web site, www.selectormanagement.com (the “Web Site”), whether private persons or business entities, must read and, by using the Web Site, will be deemed to have agreed to the following terms and conditions:

Selector Management Fund (“Selector”), with an address at 14, Boulevard Royal, L-2449 Luxembourg, is organized in Luxembourg as a multiple compartment investment company with variable share capital (“SICAV”) under Part I of the Luxembourg Law of March 30, 1988 relating to undertakings for collective investment. Selector qualifies as an undertaking for collective investment in transferable securities (a “UCITS”) and has obtained recognition under EC Council Directive 85/611 for marketing in certain Member States of the European Union.

The information in this Web Site is only directed to persons located in Sweden, Austria, Italy or Luxembourg, as the Selector SICAV funds for which information is displayed in this Web Site (the “Funds”) are only registered to be offered and sold to persons located in the above-named countries. The information contained in this Web Site pertaining to the Funds is not directed at, nor is it intended for distribution to, or use by, persons in any jurisdiction in which the Funds are not authorized for distribution or in which the dissemination of information regarding the Funds is not permitted.

The information or opinions contained herein should not be construed as an offer to sell or the solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

Please be advised that trading in securities involves the possibilities of both positive returns as well as significant exposures to risks. Should you decide to invest in the Funds, the value of any shares or units you purchase can go up or down and you may not get back all you have invested. Changes in currency rates of exchange may have an adverse effect on your investment or any resulting income. You may also be exposed to additional specific risk in relation to each of the Funds, and you should review the risk factors specified in each prospectus very carefully.

Information Selector provides on this Web Site constitutes neither investment advice nor any recommendation; and it is provided for information purposes only. You should not construe any information on return estimates and past performance as a guarantee of future performance. Any opinions and estimates posted on the Web Site are subject to change without notice. As a prospective investor, you should consult with your own professional advisers on the tax implications of investing in the Funds. Levels and bases of taxation are subject to change and will depend on your personal circumstances. Any decision to participate in the Funds should not be made solely on the basis of the information contained in this Web Site, and decision you make using any such information is made at your own risk.

Information displayed on the Web Site is accurate as of the date of publication; however, Selector makes no warranty as to the accuracy, suitability or completeness of any such information.

Selector also excludes any liability in respect of any errors or omissions by Selector and any other relevant third parties, and Selector shall not be liable for any information displayed or placed on the Web Site by a third party content provider.

Selector shall not be liable for direct or indirect damages, including without limitation, lost profits or default of income, which you or any third party claiming through you may incur as a result of using or accessing this Web Site, because of data transmission errors, such as data loss or damage or alteration of any kind, or the publication system for this Web Site.

Links to other web sites are provided on the Web Site for information purposes only. Selector shall have no liability for and makes no representations concerning any material provided on such linked web sites, including without limitation, with respect to the accuracy, completeness, timeliness or suitability of such information. Selector shall not be liable for your access to, or actions you take in connection with the content on any linked web sites, and any such action shall be at your own risk.

Selector cautions you that messages that you send by email may not be secure and you should not send any confidential information by email. If you do send Selector confidential information by email, you do so at your own risk with the knowledge that a third party may intercept such information

These terms and conditions shall be construed in accordance with Swedish law. Any disputes with Swedish citizens arising in connection with this Web Site shall be resolved in accordance with Swedish law in a Swedish court of law.

CRA RogersCasey sourced materials are of a general nature and are not suitable to be acted on as investment advice.

Internet Privacy Policy

Selector has implemented the following Internet Privacy Policy (“Privacy Policy”), to be able to maintain a high standard regarding the processing of personal data and to comply with applicable data protection legislation. Please read the following terms and conditions regarding Selector’s processing of personal data.

Collection and Use of Personal Data

When you visit the Selector web site www.selectormanagement.com (the “Web Site”) you may be asked to provide personal information (“Personal Data”) or you may provide Personal Data with comments or other correspondence you submit to Selector through the Web Site. Selector may collect your Personal Data for the purpose of: (i) maintaining and administering the Web Site; (ii) providing information concerning Selector’s funds for which information is displayed in the Web Site (the “Funds”) and related services, and any future funds and services Selector may develop, in connection with Selector’s current and future business purposes, (iii) following up on comments and other messages that you may submit to Selector through the Web Site; and (iv) conducting marketing and promotional efforts ourselves or by third parties acting on Selector’s behalf.

The Personal Data collected from you, consists of your name, e-mail address, address, birth date, gender, occupation, and personal interests, together with any other personal information you submit to Selector through the Web Site.

Your Personal Data will be processed by Selector and stored on a server; however, the processing and storage of your Personal Data will not be for a longer period than is reasonably needed for Selector to be able to fulfill the purposes for the processing and use of such Personal Data, as stated above.

Transfer of Personal Data

Your Personal Data may be transferred to affiliated entities and third parties, such as Selector’s advisors and investment managers, to enable Selector to fulfill the purposes set out above. Such third party recipients may be located within or outside the European Union (“EU”)/European Economic Area (“EEA”), such as the United States of America, or elsewhere.

Cookies

Cookies may constitute Personal Data. Cookies are small data structures used by a web site (server) to (i) deliver data to a web client (user), (ii) request that the client store the information, (iii) and in certain circumstances, return the information to the originating web site. Web sites can remember information about users to facilitate their preferences for a particular web site and facilitate the use of user passwords.

When you visit the Web Site your computer ID will be stored as cookie data in one or more files on the Selector server. Selector does not make any use of cookies to try to identify the visitors on the Web Site. Selector will not allow other third parties to make use of their cookies on your computer through the Web Site. The use by third parties of cookies shall be subject to the privacy policies of such third parties.

Correcting, Updating And Removing Personal Data

Selector gives you the ability to edit the Personal Data you have provided to Selector, which includes the ability to correct, block access to, or erase your Personal Data. You may also request Selector to provide you with information regarding the actual status of the processing of your Personal Data. Once a year, upon written request to Selector and free of charge, you shall be entitled to receive a notification from Selector whether Personal Data about you is being processed or not, which information about you is being processed, where the information has been collected, the purpose of the processing and to which recipients or categories of recipients the information has been disclosed. In order for you to access your Personal Data, Selector may assign you an ID or password, and may require that you provide proof of your identity.

Security

Selector will take all technical and organizational measures reasonably prudent and possible to provide for the secure collection, management and transfer of your Personal Data. However, a safe and secure transfer on-line of Personal Data may not be guaranteed, and Selector shall not be liable for any damages, whether direct or indirect, which you may suffer or incur as a result of the disclosure of your Personal Data, unless such disclosure is as a direct result of Selector’s gross negligence or intentional act or omission.

Changes in Selector Privacy Policy

Selector may amend this Privacy Policy from time to time. Selector will post any substantial changes to the Privacy Policy on the Web Site. By entering and using the Web Site following such changes, you agree to any prior changes of this Privacy Policy.

Questions or Suggestions

Please contact [http://www.selectormanagement.com/en/contact.asp] if you have any questions to Selector with regard to this Privacy Policy and the processing of your Personal Data, or if you have any other comments or suggestions regarding Selector’s Privacy Policy.

Consent

Considering the terms and conditions set forth above in this Privacy Policy, by clicking on the “I Agree” button above, I hereby consent to the processing of my Personal Data by Selector as stated above, and to the transfer of such Personal Data to other third parties located within and outside of the EU/EEA, or otherwise in accordance with the Swedish Personal Data Act or corresponding legislation in other countries.