Global Liquid Alternatives

♦Distributions are not guaranteed. In addition to the Management Fee, there are other costs associated with investing which will reduce returns including an Administration Fee of 0.15%. Investments are subject to a minimum subscription amount. Estimated Risk Rating is based on a consideration of how much this investment fund’s investment strategy (a similar reference index) historical returns have changed from year to year. Source: Independent Advisor Solutions Inc. This rating has not been provided by a third-party firm. This rating can change over time. An investment fund with a low or medium risk rating may decrease in value. Independent Advisor Solutions Inc. is also entitled to receive a performance fee under certain conditions (“Performance Fee”) in respect of this investment fund. Please refer to the Offering Memorandum for more information. For more information about this investment, including specific risks that can affect this investment fund’s returns please speak to your investment advisor and/or read the offering memorandum and/or other reporting documents before investing. ^Effective investments are held either directly or through an underlying investment fund or ETF. This list is broadly descriptive of this investment’s major holdings but is not exhaustive; may invest in other securities.