INSIGHT SELECT INCOME FUND

Insight Select Income Fund (the Fund) is a diversified closed-end, management investment company. The Fund's investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. Under normal market conditions, the Fund invests at least 80% of its managed assets in debt securities. Managed assets include net assets, plus the proceeds from borrowings, and the issuance of senior securities for investment purposes. The Fund invests approximately 75% of its managed assets in various types of non-convertible debt securities (including bonds and debentures), such as debt securities (with or without attached warrants), short-term debt securities (debentures), obligations of the United States Government, its agencies or instrumentalities, and bank debt securities (with or without attached warrants). The Fund's investment adviser is Insight North America LLC.