Epstein Secrets

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: 124M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: 6/9/2014 94.94% 41.18% 4.80% 5.85% 5,901,163 (501,638) 5,399,525 1,000,000 1,949,397 Change on D

7.07 3.07 0.94% (28.84) MAERSKB DC Equity 8,634 14,377 UN/A N/A 62.57 0.96% MC FP Equity 247 7,161 188.21 194.70 6.31 0.55% (29.55) MCD US Equity 78 9,603 100.64 101.45 1.79 0.45% (55.64) MCK US Equity 296 2,181 164.92 187.29 17.31 0.78% (18.06) MDLZ US Equity 4,475 13,763 28

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40% - 50% histor tally 53% 1.00% -0.91%

7.07 3.07 0.94% (28.84) MAERSKB DC Equity 8,634 14,377 #N/A N/A 62.57 0.96% MC FP Equity 247 7,161 188.21 194.70 6.31 0.55% (29.55) MCD US Equity 78 9,603 100.64 101.45 1.79 0.45% (55.64) MCK US Equity 296 2,181 164.92 187.29 17.31 0.78% (18.06) MDIZ US Equity 4,475 13,763 28

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement interval 40% - 50% histor tally 53% 1.00% -0.91%

04 0.94% 48.12 MAERSKB DC Equity 8,634 14,377 1,651.64 2,643.53 62.57 0.96% MC FP Equity 276 6,974 188.04 195.48 7.24 0.55% (94.26) MCD US Equity 134 9,603 100.64 102.04 3.08 0.45% (27.02) MCK US Equity 314 2,181 164.92 188.66 18.38 0.78% (8.70) MDIZ US Equity 4,540 13,763 28

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40%- 50% histor tally 53% 0.99% .0.89%

153.69 MAERSKB DC Equity 7,402 14,377 1,651.64 2,501.93 44.36 1.16% 167.34 MC FP Equity 170 7,348 188.38 192.73 4.87 0.47% (26.65) MCD US Equity 34 9,603 100.64 100.99 0.81 0.43% 20.24 MCK US Equity 318 2,181 164.92 188.95 16.52 0.88% 29.64 MDIZ US Equity 4,394 13,763 28.74

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex•Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40% - 50% histor tally 53% 1.00% -0.90%

76.61) MAERSKB DC Equity 8,162 14,377 1,651.64 2,589.25 59.28 0.96% (122.69) MC FP Equity 292 7,348 188.38 195.87 7.85 0.51% (11.50) MCD US Equity (50) 9,603 100.64 100.11 -1.15 0.45% (45.74) MCK US Equity 249 2,181 164.92 183.76 13.52 0.84% (36.20) MDIZ US Equity 4,100 13,763

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40%- 50% histor tally 53% 0.98% -0.89%

61% 20.01 MAERSKB DC Equity 6,948 14,377 1,651.64 2,449.87 52.39 0.92% 38.89 MC FP Equity 31 7,348 188.38 189.16 0.79 0.53% (28.48) MCD US Equity (29) 9,603 100.64 100.33 -0.82 0.37% (27.96) MCK US Equity 314 2,181 164.92 188.63 23.86 0.60% (2.99) MDIZ US Equity 4,668 13,763

Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex-Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40%- 50% histor tally 53% 0.98% -0.89%

.25) MAERSKB DC Equity 6,704 14,377 1,651.64 2,421.74 50.77 0.92% (132.89) MC FP Equity (13) 7,348 188.38 188.04 -0.33 0.54% (45.78) MCD US Equity (189) 9,603 100.60 98.66 -5.28 0.37% (53.62) MCK US Equity 322 2,181 164.92 189.27 25.48 0.58% 15.47 MDIZ US Equity 4,440 13,763 2