Fund units in the PYN Elite Fund (non-UCITS) can be subscribed monthly, on the last Finnish banking day of the month. The minimum subscription is EUR 10,000. The full subscription payment (the sum of the investment) must be received in the Fund's bank account by 6 p.m. on the day of subscription.

The next subscription date: 31.07.2018.

Before making an investment in the fund, please read the Key Investor Information Document, Fund Prospectus and the Rules of the Fund carefully. They detail all the terms and conditions applicable to subscription and redemption. By sending a subscription payment and request you confirm your acceptance of these terms and conditions. We always send written confirmation of new subscriptions and redemptions to unit holders. If you require a share certificate, for instance to present as collateral when applying for a loan or derivatives trading, please send a request in writing. You must return the share certificate to PYN Fund Management upon redemption of the fund units in question.

Subscription requests must be made in writing and received by PYN Fund Management by the subscription date. In addition to the written request, PYN Fund Management must receive any necessary powers of attorney, extracts from the trade registry and other documents needed to prove the investor's identity and authorization.

The fund's account numbers can be found on the subscription notice form. Payments can be made by e.g. online banking. When making payments, please enter the investor's name and / or Personal Identity Number/ Passport number or Business Code in the Message field. When making payments from outside Finland, please make sure you send the transfer well before the subscription date, to ensure that it is received in the fund's bank account in time. Late subscription payments will be returned.





Please fill in the form carefully and send the signed document to PYN Fund Management by

Fax +358 9 270 70409

or post it to

PYN Fund Management Ltd
PL 139
00101 Helsinki

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