I hereby represent that I:

» am an institutional investor that is a "qualified client" as that term is defined in Rule 205-3(d)(1) under the Investment Advisers Act of 1040, as amended; and

» have such knowledge and experience in financial and business matters that I am capable of evaluating the merits and risks of the investments that may be presented to me by Touchstone Investments.

Close I agree

GAM International Management Ltd.

GAM International Managers is a London-based investment management company that specializes in global fixed income and currency markets. The firm has been investing in international fixed income for U.S. customers since 1983, originally for pension fund and state plans. The firm, formerly known as Julius Baer Investments Ltd. was purchased by GAM Holding Ltd. in May 2009.

"Managers who can assess the relative value of opportunities globally and move between them can exploit the inefficiencies in markets."

- GAM International Management Ltd.

GAM International Management Ltd.