AUTOMATIC DISTRIBUTION REINVESTMENT OF LIONGLOBAL SINGAPORE BALANCED FUND

We would like to inform you that with a view to saving administrative costs and expenses charged to the Fund, we will be making the following changes to the prospectus and Deed of the Fund, which will take effect on 24 March 2016 (the “Effective Date”).

Automatic reinvestment of distributions of less than S$50

Unless specifically instructed by you giving 30 days' notice in advance or any other period as permitted by us, with effect from 31 March 2016, in the event that the net amount of distributions (ex-date on and after 31 March 2016) is less than S$50, you shall be deemed to have given a Distribution Reinvestment Mandate for the automatic reinvestment of such distributions to be received by you in the purchase of further Units (including fractions of a Unit) of the relevant Class, subject to our discretion to pay out such distributions in cash. Units will be purchased based on the net asset value of the relevant Class of the Fund on the Dealing Day on or before the distribution payment is made.

Automatic reinvestment of subsequent distributions if cheque is not presented

With effect from 31 March 2016, where a distribution payment (ex-date on

Related Funds:
> LionGlobal Singapore Balanced Fund SGD Class
> LionGlobal Singapore Balanced Fund USD Class