ENVYSION COMMODITY STRATEGY FUND (Series 2)

FUND OBJECTIVE
The Fund seeks to generate a steady stream of positive returns by
actively engaging in investment strategies linked to commodity.

An initial investment opportunity the Fund has identified and will be

investing in involves the purchase of receivables from a commodity
trading. These receivables are associated with the transaction of
commodity (such as Nickel) (please see below for details).

A similar strategy adopted by another company has demonstrated

returns (on a rolling three-month basis) over 2017-2019. Note that
past performance does not necessarily forecast future returns.

STRATEGY DESCRIPTION

The seller of the receivables is expected to be able to obtain

favourable pricing on the commodity which is then forward sold. A
positive return is generated after deducting the purchase cost, the
brokerage fees, the hedging, insurance and shipping costs, as well as
other relevant fees from the selling price.

The receivables from the Forward Buyer will be made available by the
trading firm for the Fund to purchase. The positive return will then be
distributed to the receivable holders upon the end of the quarterly
tenor. Investor may reinvest the quarterly yield into the strategy, but
on a subsequent subscription month series.

SUBSCRIPTION PROCESS

STRATEGY PARAMETERS
Manager Envysion Wealth Management Subscription Frequency Monthly
Web Site www.envysionwealth.com Tenor 12 months
ISIN Code (USD) SGXZ95503975 Redemption Frequency* End of 12-month period
ISIN Code (SGD) SGXZ28726545 Management Fee 0.5% per quarter
Total Assets (mio) Initiation Initial Charge 3.0%
Total Assets Date May 2020 Service Charge 0.0625% per quarter
Denominations USD or SGD Fund Administrator Crowe Horwath First Trust
Inception Date May 2020 Legal Advisor Eversheds Harry Elias
Minimum Subscription USD100K / SGD100K Auditor Baker Tilly

* Compulsory redemption is only at the end of the 12-month investment horizon. Early redemption may be allowed at the end of each
quarter. Redemption notice must be submitted one month before the quarterly yield distribution. Early redemption is subjected to a fee
of 1% of the redemption amount.
KEY RISKS AND DISCLAIMER
This document is provided to you by Envysion Global Investments VCC (“EGI” ) for your information and private use only and may not be
reproduced, transmitted or communicated to any other person without the prior written consent of EGI. This document is presented only as an
abbreviated summary of the Information Memorandum (“IM”) issued in respect of the Envysion Commodity Strategy Fund, a sub-fund under EGI,
and is not intended to substitute, and has to be read with, the IM.

The contents of this document are only for your information, is not an offer or a solicitation for you to purchase or invest in any investments, and
should not be relied on in any decision by you to undertake any investments described herein or to establish any relationship with EGI or and its
manager, Envysion Wealth Management Pte Ltd (“EWM”). In the event of any inconsistency between this document and the IM, the IM shall
prevail.

This document does not have regard to the specific investment objectives, financial situation or particular needs of any specific person. This
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