L. Merill Bryan

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY

SCA Directional Fund is a newly organized, continuously offered, non-diversified, closed-end management investment company, that is operated as an interval fund. The Fund's investment objective is to generate returns similar to equities with less volatility than traditional equity markets. The company was founded on July 1, 2010 and is headquartered in Hauppauge, NY.

SCA Absolute Return Fund is a closed-end investment fund/investment trust. The Fund's investment objective is to seek attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds and REITs. The company was founded on June 15, 2010 and is headquartered in Hauppauge, NY