VERAISON SICAV has decided to open the new share class XL 01/16 on January 1, 2016. Shares of the class XL 01/16 are open for qualified investors pursuant to Art. 10 para. 3, 3bis and 3ter CISA. The minimum subscription amount is CHF 100,000. Withdrawal of funds is only permitted after 4 years, for the first time on the last day of the 4-year lock-up period. Withdrawal of funds can thereafter be made on a quarterly basis with a 3 month notice period. The management fee is 1.2% per annum and the performance fee is 12%. The prospectus and investment regulations may be obtained free of charge from VERAISON SICAV, Löwenstrasse 53a, 8001 Zurich.