Fund Name Change

Paragon has elected to change the name of the Fund to Paragon Australian Long Short Fund to make it more prescriptive and provide a clearer representation of the actual strategy of the Fund. Lodgement of change of name took effect on or around 2nd December 2016.

This will not change how the Fund is being managed in any way.

The name change has been reflected as an amendment to the constitution, as elected by the Responsible Entity, and does not require approval from Unit Holders.