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e from high grade to high yield and distressed debt. I1 EWAGNE\217652.1- 11/29/12 EFTA_R 1 _02136020 EFTA02713631 Mortgage-backed Securities ("MBS'): The Partnership may invest in MBS and associated derivatives. MBS are securities that represent an interest in, or are secured by, mortgage loan
nvested in strategies other than those listed above, and in strategies that may differ from those described above. In addition, as noted above, the Investment Manager employs an opportunistic investment strategy in allocating the Partnership's capital with an emphasis on consistency of returns rather than
to defaults and foreclosures) occur on loans and other assets ML281817-MAXWELL 11-29 CONFIDENTIAL UBSTERRAMAR00002445 EFTA00238001 underlying MBS and ABS will be affected by a variety of factors including the prevailing level of interest rates as well as economic, demographic, tax, social, leg
rests held by them and their associates in each prescribed person or approved company (as the case may be). Limited Partners may be required by the Investment Manager and/or MCM Singapore to disclose such status and computation to the Investment Manager and MCM Singapore from time to time. The taxation of
tions due to defaults and foreclosures) occur on loans and other assets MAXWELL 11-29 CONFIDENTIAL UBSTERRAMAR00001392 EFTA00237038 underlying MBS and ABS will be affected by a variety of factors including the prevailing level of interest rates as well as economic, demographic, tax, social, leg
rests held by them and their associates in each prescribed person or approved company (as the case may be). Limited Partners may be required by the Investment Manager and/or MCM Singapore to disclose such status and computation to the Investment Manager and MCM Singapore from time to time. The taxation of
Entities connected to both Mohammed bin Salman and Investment

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George W. Bush
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Prince Andrew
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