Statement of Responsibility


The Manager
Funds Authorisation, Securities and
Markets Supervision Division,
Central Bank of Ireland
Block D
Iveagh Court
Harcourt Road
Dublin 2.

Re: ACME AIF ICAV (the “ICAV”)

Statement of Responsibility

Dear Sirs,

As at the date hereof the Board of Directors of the ICAV hereby accept responsibility for managing the affairs of the ICAV in accordance with the Instrument of Incorporation of the ICAV and the European Communities (Alternative Investment Fund Managers Directive 2011/61/EU) Regulations 2013, (the “Regulations”). In accordance with the Regulations, the following Directors (the “Designated Persons”) of the ICAV accept responsibility for certain management functions (as detailed below) and associated procedures that reflect each Director's competence and experience:

Management Function

Responsibility/Designated Person

Decision Making

The Board collectively through the Chairman

Monitoring Compliance

Mr. A Smith

Risk Management

Mr. A Smith

Monitoring of investment policy, investment strategies and performance

Mrs. B. Murphy

Financial control

Mr. C. Jones

Monitoring of capital

Ms. D. Kelly

Internal audit

Ms. D. Kelly

Supervision of delegates

Mr. C. Jones

Complaints handling

Mr. A Smith

Accounting policies and procedures

Ms. D. Kelly

Liquidity management

Mr. A Smith

Operational risks

Mr. A Smith

Conflicts of interest

Ms. D. Kelly

Recordkeeping

Mrs. B. Murphy

Remuneration

Mr. C. Jones

AIFMD reporting process

Mrs. B. Murphy

It is confirmed that each Designated Person is aware of the policies and procedures put in place by the ICAV for the proper discharge of their duties as outlined above. It is further confirmed that the ICAV will notify the Central Bank or seek its approval, as appropriate, in respect of any changes to this statement involving, inter alia, the appointment and/or resignation of Directors and/or the reallocation of responsibility of the Designated Person.

Yours faithfully,

_______________________________

Chairman

For and on behalf of,

ACME AIF ICAV