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elow for the 3, 5, and 7 year correlation analysis on the requested funds. CORRELATION MATRIX TRAILING 3 YEAR MARCH 31, 2016 TO MARCH 31, 2019 I; Walker, Christopher Total Return Description 1 2 3 UBS Al BlackRock European Lona/Short+ 1 1 0000 -0.0328 0 4857 UBS Al Graham Absolute Return Fund
8 Matthew R. Klein, CFA, CFP UBS Private Wealth Management 1285 Avenue of the Americas. 38th Floor New York. NY 10019 Sumitomo I Casriel Group Barron's Top 50 Private Wealth Management Teams Barron's Top 100 Advisors Financial Times Top 400 Financial Advisors Forbes Best-In-State Wealth Advisors My Tota
rson [- Sent: Friday, July 05, 2019 9:53 AM CONFIDENTIAL UBSTERRAMAR00004408 EFTA00239672 To: Klein, Matthew Cc: McNamara, Sean; Casriel, Lyle; Walker, Christopher; GMAX Subject: [External] Re: Montpelier Trust: Blackrock European 1/S Thanks Matt. No rush. Happy 4th, sgb On Jul 5, 2019, at 09:47,
<I mage004. png> <image005.png> <image006.png> Thanks, Matt Matthew R. Klein, CFA, CFP UBS Private Wealth Management Steelman I Casriel Group Barron's Top 50 Private Wealth Management Teams Barron's Top 100 Advisors Financial Times Top 400 Financial Advisors Forbes Best-In-State Wealth Advisors My Tota
me to learn more or visit: From: Scott Borgerson [mailto Sent: Friday, July OS, 2019 9:27 AM To: McNamara, Sean Cc: Klein, Matthew; Casriel, Lyle; Walker, Christopher; GMAX Subject: [External] Re: Montpelier Trust: Blackrock European L/S Thanks Sean. Possible to run a quick analysis of the monthly re
send it over once complete. Have a great weekend, Matt Matthew R. Klein. CFA, CFP UBS Private Wealth Management C F Stackman I Casricl Group Barron's Top 50 Private Wealth Management Teams Barron's Top 100 Advisors Financial Times Top 400 Financial Advisors Forbes Best-In-State Wealth Advisors My Tota
Entities connected to both Walker and Barron's Top 50

United States
LOCATIONChristopher
PERSONScott Stackman
PERSON
McNamara
PERSONUBS Private Wealth Management
ORGANIZATIONTomkiewicz
PERSONScott Borgerson'
PERSONPrivate Wealth Management Teams
ORGANIZATION
Millennium
ORGANIZATIONThe European L/S Hedge Fund
ORGANIZATIONPan European
ORGANIZATIONMatthew R. Klein
PERSONSean J. McNamara
PERSONthe Blackrock European Long/Short Fund
ORGANIZATIONScott Borgerson
PERSON
Blackrock
LOCATION