The following information regarding Payden Global Funds plc is directed to non-US investors, and these funds are available for purchase by non-US investors only, subject to applicable local law. Access to this information by US investors is for informational purposes only, and is not an offer to sell, a solicitation of an offer, or a recommendation concerning these funds. Payden & Rygel also provides a globally-diversified array of Mutual Funds for US investors.

Payden Global Funds plc is distributed by Payden & Rygel Global Ltd, which is authorised and regulated by the UK Financial Services Authority. The information provided is not intended to provide a sufficient basis on which to make an investment decision. It is not intended for retail customers and such persons should not rely on this material. Moreover, any investment or service to which this material may relate. will not be made available to such retail customers. This material is directed exclusively at eligible counterparties or professional clients as defined by the rules of the Financial Services Authority or parties who are otherwise eligible under these rules. Payden & Rygel Global Limited has not taken any steps to ensure that the products and services referred to are suitable for any particular investor and no assurance can be given that the stated investment objectives will be achieved. The value of investments may fall as well as rise. Registered Office: 1 Bartholomew Lane, London, EC2N 2AX, United Kingdom. Company No. 03752819; Place of Registration: United Kingdom

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