AKD Investment Management Limited – AKD Fund Prices for January 20, 2016

Name of the Fund                                                Date          Offer    Redemption

Open End

AKD Income Fund (AKDAIF)                                 January 20, 2016    53.3709    52.8424

AKD Opportunity Fund (AKDOF)                             January 20, 2016    72.3000    70.1500

AKD Index Tracker Fund (AKDITF)                          January 20, 2016    12.8300    12.6900

AKDCF                                                    January 20, 2016    51.6873    51.6873

AKD Golden Arrow Selected Stocks Fund (GASF)             January 20, 2016     8.7200     9.1600