Perfin Investments Ltd -

Long Short Share

Fund Investment Objectives

The investment strategy for the Long-Short Segregated Portfolio is generally to invest and trade, on a long and short basis, based on the identification of mispriced equities and other investments through a value-investing approach. The Investment Manager will monitor, on an ongoing basis, positions held by the Long-Short Segregated Portfolio with respect to both fundamentals and valuation. The level of net exposure in the Long-Short Segregated Portfolio at any given time is mainly a function of the Investment Manager's ability to identify attractive investments, either long or short. While it is anticipated that the Long-Short Segregated Portfolio will generally be weighted toward long rather than short positions, it may be balanced relatively evenly or in favor of short positions, depending upon the availability of attractive long or short positions.