Alexander Funds Management acts as Investment Manager for the Alexander Fixed Income Fund and the Alexander Credit Opportunities Fund.

Availability

Investment Objectives*

Investment Grade Allocation

Benchmark

Management Fees

Performance Fees

Ability to hedge the portfolio

Credit Duration

Interest Rate Duration

Minimum Application

Distributions***

Applications/Redemptions

Current Buy/Sell Spread

Alexander credit

opportunities fund

Closed to new investors

Consistent income and stable returns

Target 50% investment grade credit**

Ausbond Bank Bill Index + 2%

1.33% p.a.

20% above the Benchmarkˆ

Yes

+5 years to 0 years

+1 years to 0 years

$25,000

Quarterly

Weekly

0.25%

alexander fixed

income fund

Open

Consistent income and stable returns

Target 75% investment grade credit

Ausbond Bank Bill Index + 1%

0.65% p.a.

No Performance Fee

Yes

+5 years to -2 years

+2 years to -2 years

$25,000

Quarterly

Daily

0.10%

*   Subject to change

**  Portfolio holdings in ACOF may drop below the investment grade target on occasion

*** Distributions are not guaranteed

ˆ   Performance fees are subject to a high watermark