Overview of Blacksquare Capital LLP and our multi-strategy funds that have been generating positive returns for our investors since 2005.

1. BLACKSQUARE CAPITAL LLP IFSL BLACKSQUARE CAPITAL FUND REGULATED INVESTMENT. ABSOLUTE RETURN. www.blacksquarecapital.com

2. WHO ARE BLACKSQUARE? Blacksquare Capital, highly regarded specialist alternative asset Management Company. Regulated Investment & Absolute Return multi-manager trading tax efficient funds. Multi-strategy funds have generated positive returns, during all market conditions (Absolute Return) for investors since 2005. www.blacksquarecapital.com

3. WHY BLACKSQUARE? Multi-strategy funds have generated positive returns, during all market conditions (Absolute Return) for investors since 2005. Our commitment is to preserve your capital and generate consistent tax efficient growth drawing upon a range of trading styles throughout global equity, bond, foreign exchange and commodity markets. Investments are only made in funds which are uncorrelated to other funds in the portfolio. www.blacksquarecapital.com

4. WHY ABSOLUTE RETURN? Absolute Return Funds are those funds managed with the aim of delivering absolute (i.e. More than zero) returns in any market conditions. Performance is measured against bank deposits as opposed to a benchmark such as the FTSE 100 Share Index or the CitiEurosterling Bond Index. www.blacksquarecapital.com

5. WHY MULTI-MANAGER? A Multi-Manager approach brings a balance that can greatly lower an investor’s risk through diversification and reduced volatility. • Sector Diversification • Strategic Diversification • Lower Volatility • Monitoring • Maximum Access www.blacksquarecapital.com

6. BLACKSQUARE FUNDS IFSL Blacksquare Multi-Manager Absolute Return Fund IFSL Blacksquare Diversified Absolute Return Fund www.blacksquarecapital.com

8. Liquidity

9. Diversification of Risk

10. Diversification of Return

11. Innovation

12. Regulation

13. Transparency

14. Tax Efficiencywww.blacksquarecapital.com

16. Income

17. Investment Term

18. Exposurewww.blacksquarecapital.com

19. CONTACT US Main office:5 Victoria StreetWindsorBerkshire SL4 1HB United Kingdom t: +44 (0)1753 867000 f: +44 (0)1753 866774 funds@blacksquarecapital.com www.blacksquarecapital.com