Nothing on this site shall be construed as a solicitation to buy or offer to sell any security, product or service to any U.S. or non-U.S. investor, nor shall any such security product or service be solicited, offered or sold in any jurisdiction where such activity would be contrary to the securities laws or other local laws and regulations, or would subject America Israel Investment Associates, Profile Investment Services, Portfolio Resources Group, or any of their affiliates to any registration requirement within such jurisdiction. America Israel Investment Associates, Profile Investment Services, Portfolio Resources Group, or any of their affiliates may take a long or short position in the companies mentioned in this website. Speak to a qualified tax and investment professional before investing.

Taxes: Sales of shares is a taxable event and, accordingly, a capital gain or loss may be recognized. You should consult a tax adviser regarding the effect of federal, state, local, and foreign taxes on an investment in the portfolio. We are not tax advisers and do not offer any tax advice or opinions. The information contained herein is not intended to be a full discussion of present or future tax ramifications of investment in the portfolio, and investors should consult their own tax advisers for a detailed and complete review of tax ramifications. In view of the individual nature of tax consequences, you should consult your own tax adviser with respect to the specific tax consequences of participation in the portfolio, including the effect and applicability of state, local, foreign and other tax laws and the possible effects of changes in federal or other tax laws.

Click here to download a copy of our ADV Part II, or e-mail us at info@israelgrowth.com to have a copy mailed to you.

Privacy/Proxy Policy - Effective January 2006. AIIA/Israel Growth Portfolio (“IGP”) is committed to safeguarding the use of your personal information that we have as your investment adviser. IGP and its affiliates (referred to as “we,” “our,” and “us” throughout this notice) protect the security and confidentiality of the personal information we have and make efforts to ensure that such information is used for proper business purposes in connection with the management or servicing of your account. We understand that you have entrusted us with your private information, and we do everything we can to maintain that trust. We do not sell your non-public personal information to anyone. Nor does IGP provide such information to others except for discrete and proper business purposes in connection with the servicing and management of your account as discussed below. Details of our approach to privacy and how your personal non-public information is collected and used are set forth in this privacy policy.

The Information We Collect About You: You typically provide personal information when you complete an IGP account application. This information may include your:

• Name and address
• E-mail address
• Phone number
• Social security or taxpayer identification number
• Assets
• Income
• Account balance
• Investment activity
• Accounts at other institutions

In addition, we may collect non-public information about you from the following sources: Information we receive on Subscription Agreements, Managed Account Agreements, and other Subscription and Account Opening Documents; Information we receive in the course of establishing a customer relationship including, but not limited to, applications, forms, questionnaires, and data through our website; Information about your transactions with us, our affiliates, or others.

Information About You That IGP Shares: IGP works as an organization to provide products and services that benefit our customers. We may share non-public personal information with our affiliates for proper business purposes in connection with the management or servicing of your account. When processing transactions or managing accounts on your behalf, IGP restricts access as much as possible to your personal and account information to employees and agents in order to provide products and services for which you have hired IGP. IGP may also disclose non-public personal information to non-affiliated third parties (such as brokers and custodians) as necessary for us to provide agreed services and products to you consistent with applicable law. We may also disclose non-public personal information to other financial institutions with whom we have joint business arrangements for proper business purposes in connection with the management or servicing of your account. In addition, your non-public personal information may also be disclosed to you, persons we believe to be your authorized agent or representative, regulators in order to satisfy IGP’s regulatory obligations, and is otherwise required or permitted by law. Lastly, we may disclose your non-public personal information to companies we hire to help administrate our business. Companies we hire to provide services of this kind are not allowed to use your personal information for their own purposes and are contractually obligated to maintain strict confidentiality. We limit their use of your personal information to the performance of the specific service we have requested. We do not sell your non-public personal information to anyone.

Information About Former Investors: IGP does not disclose, and does not intend to disclose, non-public personal information to non-affiliated third parties with respect to persons who are no longer our clients.

Confidentiality and Security: Our employees are advised about the firm’s need to respect the confidentiality of our customers’ non-public personal information. Additionally, we maintain physical, procedural and electronic safeguards in an effort to protect the information from access by unauthorized parties.

We’ll Keep You Informed: If required by law, we will send you notice of our privacy policy annually for as long as you maintain an ongoing relationship with us. Periodically, we may revise our privacy policy, and will provide you with a revised policy if the changes materially alter the previous privacy policy. We will not, however, revise our privacy policy to permit the sharing of non-public personal information other than as described in this notice, unless we first notify you and provide you with an opportunity to prevent the information sharing. At all times, you may view our current privacy policy on our website at www.israelgrowth.com, or contact us at 1-888-327-6179.