Tax Information - Italy

The asset analysis compiled in the spreadsheets linked below, which have been prepared on behalf of and at the direction of the Board of Directors, concludes that, for the reporting periods set forth below, SKY Harbor Global Funds had no investments in qualifying Italian government bonds or assimilated securities that would have been eligible for a lower tax rate under Italian Law Decree 138/2011 of 13 August 2011, as amended, and related guidance issued by the Italian Ministry of Finance on December 13, 2011, and Circular 11/E issued by the Italian Tax Authorities on March 28, 2012 and the Law Decree no. 66.

The information contained on this page is made to support marketing of the share classes and is based on interpretations of relevant laws and regulations currently in effect, all of which are subject to change without notice on this website. This summary is not intended to nor does it constitute investment or tax advice and does not purport to deal with all of the tax consequences applicable to the funds or to all categories of investors, some of whom may be subject to special rules. Shareholders and potential investors are advised to consult their professional advisors concerning possible taxation or other consequences of purchasing, holding, selling, converting or otherwise disposing of the Shares under the laws of their country of incorporation, establishment, residence, or domicile, and in the light of their particular circumstances.