Fund Description: Nuveen Flexible Investment Income Fund is an exchange-traded closed-end fund or a closed-end ETF that is officially described as diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Nuveen Flexible Investment Income Fund seeks to provide high current income and, secondarily, capital appreciation. FUND STRATEGY: Under normal circumstances, the Fund will invest at least 80% of its Managed Assets in income producing securities issued by companies located anywhere in the world. The Fund will invest in income producing securities across the capital structure in any type of debt, preferred or equity securities offered by a particular company, or debt securities issued by a government. The Fund will invest 100% of its Managed Assets in U.S. dollar-denominated securities. The Fund may use derivative instruments to seek to hedge some of the risk of the Fund’s investments or its leverage, to enhance return, to serve as a substitute for a position in an underlying asset, to reduce transaction costs, to manage the Fund’s effective interest rate exposure, to maintain full market exposure, to manage cash flows or to preserve capital. Such instruments may include financial futures contracts, swap contracts (including interest rate and credit default swaps), options on equity securities, options on financial futures or other derivative instruments. The Fund will invest its Managed Assets in equity securities (other than preferred securities); in securities issued by financial services companies; securities issued by non-U.S. companies; securities of issuers in emerging market countries; in U.S. dollar-denominated securities; and securities and other instruments that, at the time of purchase, are illiquid. The Fund anticipates using leverage to help achieve its investment objectives such as (a) borrowings from a financial institution; and (b) the issuance of preferred shares of beneficial interest or other senior securities. The Fund does not intend to use leverage until after the proceeds of this offering have been substantially invested in accordance with the Fund’s investment objectives. The fund will invest at least 25% in securities issued by financial services companies. FUND MANAGEMENT: Nuveen Asset Management will serve as the Investment Adviser to the Fund and will be responsible for overseeing the Fund’s overall investment strategy and its implementation, including the use of leverage. NWQ Investment Management Company, LLC (NWQ), the Fund’s Sub-adviser, will be responsible for investing the Fund’s Managed Assets.