Lysander Funds is pleased to provide Passive Foreign Investment Company (PFIC) Annual Information Statements for unitholders who are U.S. citizens. PFIC Annual Information Statements contain information that enables you to elect to treat a fund as a Qualified Electing Fund (QEF) on IRS Form 8621. Whether the QEF election is appropriate for you depends on your personal circumstances. This information is provided to help you make calculations and does not constitute tax advice.