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Notice to Unitholders of Stone Global Growth Fund, Stone Global Sustainability Fund and Stone Growth Fund

Date: September 13, 2022

Redesignation of Units of the Funds

Stone Asset Management Limited (the “Manager” or “Stone”), in its capacity as manager and trustee of Stone Global Growth Fund, Stone Global Sustainability Fund and Stone Growth Fund (collectively, the “Funds”) is providing notice that effective as of October 28, 2022, the following Series of units of Stone Global Growth Fund, Stone Global Sustainability Fund and Stone Growth Fund will be redesignated as follows based on the applicable Series net asset value per unit of the two Series of units of the applicable Fund on October 28, 2022 (the “Series Redesignation”):

 

Fund Current Series Redesignated Series
Stone Global Growth Fund Series B Series A
Series L Series A
Stone Global Sustainability Fund Series B Series A
Series L Series A
Stone Growth Fund Series B Series A
Series L Series A
Series T8B Series T8A
Series T8C Series T8A

 

You will not be required to pay any redemption fees, sales charges or other fund fees associated with the Series redesignations. Unitholders should consult their own financial advisors for advice about their specific circumstances.

We believe that the Series Redesignation’s are in the best interests of the existing unitholders. All unitholders will experience an annualized management fee rate decrease of 0.50% as a result of the redesignations.


Do I need to do anything?
No.  The Series Redesignation will occur automatically on October 28, 2022.  There is no action required on your part.


 
How does this affect my investment?
After the Series Redesignation, you:

• will continue to hold units of the same Fund as you currently hold with the same underlying pool of assets, investment objectives, investment strategies and valuation procedures;

• will receive units having the same aggregate market value and cost as the units you currently hold;

• will continue to have the same rights as a unitholder as you did prior to the redesignation; and

• will not experience any increase in management fees or charges due to the Series Redesignation.

The Series Redesignation will not result in a disposition of securities for tax purposes since you are holding the same Fund immediately after the Series Redesignation.


We thank you for entrusting your money with us and look forward to continuing to be of service to you, working with your financial advisor to provide investment solutions for your portfolio. If you have any questions, please contact your financial advisor or Stone Client Service at 1-800-795-1142 or clientservices@stoneco.com.


STONE ASSET MANAGEMENT LIMITED