CHALLENGER CAPITAL GROUP’S BUSINESS CONTINUITY PLAN

Challenger Capital Group has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions are unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us - If after a significant business disruption you cannot contact us as you usually do at 214-239-8600, you should call our alternate number at 630-288-2571.

Our Business Continuity Plan - We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our clients to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our clients prompt access to their funds and securities if we are unable to continue our business.

In any disruptive situation, we plan to continue in business and notify you in whatever means available at the time. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure the prompt return of any funds being held in escrow and that investors will continue to receive any monthly production revenue owed to them in a timely manner.

Challenger Capital Group’s business continuity plan is subject to modification. You can obtain updated information about the plan by requesting a written copy by mail. All requests for updated information should be sent to the following address: Challenger Capital Group, Attn: Gail Strickland, 2001 Ross Avenue, Suite 3100, Dallas, TX 75201, 214-239-8600.

For more information - If you have questions about our business continuity planning, you can contact us at 214-239-8600 or .