Kenneth I. Denos*

Secretary of the Fund since 2010 and a Director of the Fund since 2007.  Deputy Executive Chairman of London Pacific & Partners, Inc. since August 2009. President of the Fund from December 2007 to June 2009; CEO of the Fund from August 2007 to June 2009; Executive Vice President and Secretary of the Fund from June 2005 until August 2007; CEO of MCC Global NV and its subsidiaries from May 2006 to October 2009; Chairman and CEO of SportsNuts, Inc. (sports marketing company) from April 1999 to August 2007; President of Kenneth I. Denos, P.C. since January 2000; CEO and Chairman of Acadia Group, Inc. since March 2009.

Other Directorships Held by Director or Nominee

Director of Secure Netwerks, Inc. (technology hardware reseller)since 2007

* Denotes Interested Director