TEAM SINGAPORE

We introduce the permanent team in Foord’s Singapore office. The team comprises four senior investment professionals supported by Beverly Lam in an administrative capacity. Their bios are set out below.

CAROLYN LEVIN
CHIEF EXECUTIVE OFFICER
Carolyn joined Foord five years ago as an investment analyst. She holds a Bachelor of Business Science (Finance) degree from the University of Cape Town and is a Chartered Accountant (SA) and CFA Charter Holder. Given Carolyn's experience, qualifications and desire for new challenges, she was an ideal choice to head up the Singapore office. Carolyn moved to Singapore in March 2012 and was instrumental in ensuring the timely launch of the new fund. She is a senior analyst within the Foord group covering both South African and global stocks. She assists in the management of the Foord Global Equity Fund, the Singapore domiciled unit trust launched in June this year.

VINCENT EE
CHIEF INVESTMENT OFFICER
Vincent was recruited in April 2012 to lead the Singapore investment team as chief investment officer. He had worked at HSBC Asset Management in their Hong Kong and New York research teams and has been a fund manager at Goldman Sachs and Morgan Stanley. Aside from dedicated investment research and assisting with the management of the Foord Global Equity Fund, Vincent's other responsibilities include staff training, coordinating the research effort and monitoring and evaluating the performance of the analyst team. Vincent holds a B.Sc (Economics) in Accounting and Finance from the London School of Economics and Political Science and is a CFA Charter Holder.

ANDREW COULTAS
INVESTMENT ANALYST
Andrew joined the Foord team in June 2011 to assist Dave Foord and Bruce Ackerman with research on global shares. Andrew previously worked at SIM Global, a boutique enterprise within Sanlam Investment Management where he researched stocks for inclusion in the SIM Global Best Ideas Fund. Having spent his career analysing global companies, Andrew quickly accepted an offer to join the Foord Singapore team. He holds an M Comm in Financial Management and is a Chartered Accountant (SA).

GUY SHIRTLIFF
INVESTMENT ANALYST
Guy joined Foord in mid-2012 as an equity analyst covering international stocks. Guy had also previously worked at SIM Global and was recruited by Foord Singapore to join the full-time team of investment professionals supporting the efforts of the Foord Global Equity Fund and Foord International Trust. Guy holds a Bachelor of Business Science (Finance) degree from the University of Cape Town and is an Affiliate CFA Charter Holder.