RTS 28 Disclosure

Markets in Financial Instruments Directive (“MiFID II”) – Best Execution Disclosures

Payden & Rygel Global Limited (“PRGL”) is authorised and regulated by the Financial Conduct Authority (“FCA”). In accordance with Regulatory Technical Standard 28 (“RTS 28”) of MiFID II, we are required to provide annually information on our top five brokers and/or venues, along with a summary of the firm’s execution priorities and the quality of execution achieved.

Payden & Rygel Global Limited is authorised and regulated by the UK Financial Conduct 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 Conduct 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 any stated investment objectives will be achieved. The value of investments may fall as well as rise. Payden & Rygel Global Limited believes the content to be accurate. However, accuracy is not warranted or guaranteed.

rts 28