DIVA SYNERGY LIMITED - Bernheim, Dreyfus & Co.

DIVA SYNERGY LIMITEDThe Investment Manager may select and appoint trading advisors to invest the Fund’s assets.Trading Advisors chosen by the Investment Manager will have proven success records in a widevariety of market conditions.Under the Investment Management Agreement between the Fund and the Investment Manager,the Investment Manager will make all decisions and effect the purchase and disposition ofsecurities on behalf of the Fund, acting with full discretion but in accordance with the Fund’sinvestment objectives and policies.The Investment Manager will be responsible for managing the assets and investments inaccordance with the Investment Objectives and Investment Policy and Investment Restrictionsdescribed in this Offering Memorandum.INVESTMENT MANAGERBernheim, Dreyfus & Co. Limited, is a company incorporated in the Cayman Islands inaccordance with the Cayman Islands Companies Law (2007 revision).Under the Investment Management Agreement between the Fund and the Investment Manager,the Investment Manager will make all decisions and effect the purchase and disposition ofproperties and securities on behalf of the Fund, acting with full discretion but in accordance withthe Fund’s investment objectives and policies. The Investment Manager may appoint independentInvestment Advisors to manage, in part or in whole, the Fund’s assets.Under the terms of the agreement between the Fund and the Investment Manager, the InvestmentManager is empowered, at his discretion, to open and close accounts in the name of the Fund withregistered brokers and banks and other service providers.The Investment Manager may negotiate with the Broker to the Fund to receive a ‘broker rebate’on transactions executed with the Broker on behalf of the Fund. The Broker will pay such ‘brokerrebate’ to the Fund and on receipt by the Fund the total ‘broker rebate’ will be paid to theInvestment Manager. The execution rates applied by the Broker will be based on the standardscheduled fees it applies for similar transactional services.ADMINISTRATORThe Fund has entered into an Administration Agreement with IFINA (BVI) Limited to perform allgeneral administration duties for the Fund including the keeping of the financial records andcommunication with the Shareholders. The Administrator has been licenced by the Registrar ofMutual Funds of the Government of the British Virgin Islands as a Mutual Fund Administrator.Administration AgreementPursuant to the Administration Agreement, the Administrator provides services to the Fundincluding providing the registered office of the Fund, maintaining the register of shareholders ofthe Fund, receiving and processing subscription agreements or applications, submitting toshareholders a statement of their holdings in the Fund at the latest valuation date upon request,calculation of net asset value, maintenance of accounting reports, preparation of financialstatements for audit purposes and liaison with auditors.DIVA SYNERGY – CLASS A (€uro)17