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15.1. Conversion Procedure

Investors may convert all or part of their Units into the corresponding amount of Units in another Class or other Classes of Units within the same or other Investment Compartment or Compartments. This may include a conversion (I) within the same Investment Compartment or (ii) within the same and one or more other Investment Compartments or (iii) within one or more other Investment Compartments, assuming they comply with all the requirements with respect to the Class or Classes of Units into which the existing Units are to be converted. Conversions will be effected at the relevant Subscription Price and Redemption Price determined on the basis of the Net Asset Value per Unit on that Valuation Day.