NevaFunds -

Alpha + Class C

Fund Investment Objectives

NevaFunds Alpha + is a multi-strategy fund of hedge funds. The aim of the Fund is to achieve capital appreciation and superior risk-adjusted returns with low correlation to traditional equity and fixed income markets. The fund will only invest in hedge funds that have passed by the stringent manager selection process. The target annual volatility is 4-6% with a performance objective of 10-12%. The fund does not use leverage and has a maximum exposure of 10% per underlying fund. it never had to restructure or change terms. Class C, CE and CC: 1.0% p.a. (institutional investors). AUM is not disclosed.