EM Capital Management, LLC - Emerging & Frontier Markets Investments and Fund Management

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Text Box: Emerging & Frontier Markets and Distressed Assets Specialists EM Capital Management, LLC is a Registered Investment Adviser and International Asset Manager regulated by the United States Securities and Exchange Commission under the Investment Adviser Act of 1940

Header photos of Mt. Rushmore, Taj Mahal, Mayan Temple and Great Wall of China symbolizing the theme of EM Capital Management, LLC's global scope.

Text Box: Learn About Investing in India and its Rich Culture

Text Box: Mutual Fund Disclosure: Investors should carefully consider the investment objectives, risks, charges and expenses of the EM Capital India Gateway Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 866-611-4967 or at www.emcapitalfunds.com. EM Capital India Gateway Fund is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. The prospectus should be read carefully before investing. There are special risks associated with international investing including currency fluctuation, economic conditions, and different governmental and accounting standards. The fund contains international securities that may provide the opportunity for greater return but also have special risks associated with investing including currency, government regulation, differences in accounting standards and liquidity.

Now Offering Separate Indian Portfolios

for Institutional & HNW Investors

EM Capital India Master Fund, Ltd. (Mauritius) is a Securities and Exchange Board of India (SEBI) registered Foreign Institutional Investor (FII) sub-account authorised to trade Indian securities directly through Indian stock brokers. Custody and daily NAV valuations are performed by Deutsche Bank AG. Auditors and Tax Advisors are Ernst & Young.

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Text Box: Customized India Market-Entry Capital Markets and Country Risk Advice EM Capital Management Senior Advisors, including emerging markets regulators, policy-makers and corporate Chairman and CEOs are available on a limited basis to provide customized cross-border, emerging markets market-entry and investment consulting services to U.S. CEOs, boards, funds, institutions and agencies. Service is available on-site in your office or by web or video conference.

Join the EM Capital India Investment Tour 2009!

EM Capital Management is organizing a unique Investor Tour of India in late Fall, 2009. Priority will be given to our clients and investors, however others are encouraged to apply. We will take a small group to Delhi, Mumbai, Bangalore and Rajasthan for an intensive week of fact-finding and high-level networking culminating with a culturally rich weekend at a historic Indian Fort hotel. We will visit leading Indian and multi-national companies across different sectors operating in India and meet top Indian executives government officials and academics. This will be a very exclusive and fun event. Please email Alice Zakian if you would like to receive information.

Text Box: Featured on Bloomberg TV, CNBC & NDTV India Seth R. Freeman, CEO and Chief Investment Officer regularly contributes on Bloomberg TV, CNBC and CNBC-Awaaz (India). Click here to view his November 6, 2008 Bloomberg TV interview about President-elect Obama policy implications for emerging markets investing. See India Focus and on Investment Opportunities in Vietnam and India.

India Investing and Market Research
We will be uploading extensive proprietary and published research on investing in India as well its culture and advice on traveling and eating in India. Please feel free to email us with any questions.

Market Commentary

This section will also feature market commentary provided by Mr. G.N. Bajpai, former Chairman of the Securities and Exchange Board of India (SEBI) and Life Insurance Corporation of India; and a member of EM Capital Management and Dhruba Gupta, Managing Director and CEO of EM Capital Management India and the former Deputy Treasurer of the International Monetary Fund. We are fortunate to provide a very high level of internal expertise and insights into India and its fastest growing sectors.

U.S. Tel: 925-376-8700 US Toll-Free: 800-933-1850