Epstein Secrets

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 52% 1.00% -0.89%

1.70) BCS US Equity (145) 5,457 16.45 16.03 -3.24 0.82% (65.67) BEN US Equity 346 4,557 53.95 58.04 10.17 0.75% 12.92 EFTA00288550 BG/ LN Equity 15 (865) 21.53 21.15 2.02 0.88% 15.60 BHP AU Equity (166) 9,507 34.48 33.88 -1.82 0.96% (61.13) BHP US Equity 5 7,278 68.00 68.04

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%

0.39% Bcs US Equity (106) 1,091 16.31 14.86 -11.92 0.82% 17.46 BEN US Equity 305 5,658 54.63 57.57 7.21 0.75% (24.60) EFTA00288566 BG/ LN Equity (14) (2,195) 21.26 21.40 -0.72 0.88% (25.64) BHP AU Equity (53) 9,507 34.49 34.30 -0.58 0.96% 74.94 BHP US Equity 131 7,278 68.00

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 52% 0.99% .0.90%

3.88 BCS US Equity (113) 5,457 16.46 16.12 -1.78 1.17% (24.81) BEN US Equity 139 4,282 53.70 55.45 3.95 0.83% (16.70) EFTA00288534 BG/ LN Equity (265) (1,894) 18.76 21.39 -16.11 0.87% 11.52 BHP AU Equity (304) 9,507 34.45 33.38 -3.42 0.94% 59.01 BHP US Equity (83) 7,278 67.9

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%

106 10,241 45.03 45.50 2.34 0.44% 37.16 BCS US Equity 14.49 - BEN US Equity 245 6,278 54.92 57.06 6.03 0.65% (65.88) EFTA00288614 BG/ LN Equity 69 (4,743) 20.69 20.39 1.39 1.05% 47.75 BHP AU Equity 540 11,120 34.69 36.37 6.42 0.76% 202.65 BHP US Equity 416 8,593 68.59 71.9