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l Pa Gloss LI 2015 02 2015 YTD Inception Average To Date Annual Return -3.52% 13.40% 330.99% 38.35% Net Return Malarillarket Indices Dow Jones -0.32% -0.01% 68.53% 12.30% NASDAQ 2.03% 5.90% 96.20% 16.16% (1) The table above reflects the performance of the Fund for the current quart
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012, 2013. and 2014 by the Fund's independent auditor, Marcum LLP. Incep
ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.54% 0.31% 92.30% I 16.63% NASDAQ 3.79% (1) The table above reflects the p
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. 2013. and 2014 by the Fund's independent auditor. Marcum LLP. Incep
tion To Date Average Annual Return ADW Capital Partners, L.P. Gross Return -3.31% 9.65% 319.79% 33.23% Net Return 22111 ImaiskvaikaugakS Dow Jones 7.70% 0.21% 69.16% I 11.70% 7: NASDAQ 8.71% 6.96% 98.18% I 15.49% (1) The table above reflects the performance of the Fund for the curre
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012. 2013, and 2014 by the Fund's independent auditor, Marcum LLP. Incep
ADW Capital Partners, L.P. 4th Quarter and 2014 Performance Report" 2/8/2015 Gross Return 14.44% 30.66% 288.88% Dow Jones 5.17% 10.03% 68.46% NASDAQ 5.40% 13.40% 76.64% (1) The table above reflects the performance of the Fund for the current quarter, year-to-date
and other earnings. Quarterly and year-to•date figures are estimates and unaudited and have been calculated by the Funds independent administrator, SS&C Fund Services. The Funds performance results have been audited for calendar years 2011, 2012, and 2013 by the Funds independent auditor, Marcum LLP. Inception-to-
r and 2015 YTD Performance Report ("} Gross Return 2015 Q3 2015 YTD Inception To Date Average Annual Return 0.01% 13.40% 331.10% 36.02% Dow Jones -6.91% -6.93% 56.88% I 9.94% NASDAQ -7.09% -1.61% 82.29% I 13.47% (1) The table above reflects the performance of the Fund for the current
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. 2013. and 2014 by the Fund's independent auditor. Marcum LLP. Incep
ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.54% 0.31% 92.30% I 16.63% NASDAQ 3.79% (1) The table above reflects the p
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. 2013. and 2014 by the Fund's independent auditor. Marcum LLP. Incep
n' Ital Pa Gross Re wn 2015 O2 2015 YTD Inception Average To Date Annual Return -3.52% 13.40% 330.99% 38.35% =return earket Indices Dow Jones -0.32% -0.01% 68.53% 12.30% NASDAQ 2.03% 5.90% 96.20% 16.16% (1) The table above reflects the performance of the Fund for the current quart
and other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Funds independent administrator, SS&C Fund Services. The Funds performance results have been audited for calendar years 2011, 2012, 2013. and 2014 by the Funds independent auditor, Marcum LLP. Incepti
uarter and 2015 Performance Report t1M2) 2015 Q4 2015 Inception To Date Average Annual Return Gross Return -3.31% 9.65% 319.79% I 33.23% Dow Jones 7.70% 0.21% 69.16°A, I 11.70% 7.: NASDAQ 8.71% 6.96% 98.18% I 15.49% (1) The table above reflects the performance of the Fund for the cu
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012. 2013, and 2014 by the Fund's independent auditor, Marcum LLP. Incep
rtners, L.P. 17/18/2014 2nd Quarter 2014 and YTD Performance Report " 2) 2014 Q2 2014 Inception To Date Gross Return 20.40% 18.91% 258.97% Dow Jones 2.80% 2.68% 57.22% NASDAQ 4.98% 5.54% 64.41% (1) The table above reflects the performance of the Fund for the current quarter, year-to-date a
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. and 2013 by the Fund's independent auditor. Marcum LLP. Inception-t
ADW Capital Partners, L.P. 4th Quarter and 2014 Performance Report" 2/8/2015 Gross Return 14.44% 30.66% 288.88% Dow Jones 5.17% 10.03% 68.46% NASDAQ 5.40% 13.40% 76.64% (1) The table above reflects the performance of the Fund for the current quarter, year-to-date
and other earnings. Quarterly and year-to•date figures are estimates and unaudited and have been calculated by the Funds independent administrator, SS&C Fund Services. The Funds performance results have been audited for calendar years 2011, 2012, and 2013 by the Funds independent auditor, Marcum LLP. Inception-to-
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