Epstein Secrets

rest-rate and foreign exchange-rate risks. Mortgage-backed Securities ("Mal) and Asset-backed Securities ("ABS') Some investment characteristics of MBS and ABS differ from traditional debt securities. Among the major differences are that interest and principal payments are made more frequently, usu

a special withdrawal right by holders of Other Interests will not result in, or be deemed to create, any special withdrawal right for the holders of the Offered Interests (in their capacity as such). Please see "Certain Risk Factors Relating to Millennium USA" — "Different Terms of Interests" and "Limited Liquidity"

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

cial Assets Control Specialty Designated National Lists, (iii) generally performing all actions related to the issuance, transfer and withdrawal of the Offered Interests, (iv) distributing monthly statements to Limited Partners, and (v) performing certain other administrative and clerical services in connection with

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

cial Assets Control Specialty Designated National Lists, (iii) generally performing all actions related to the issuance, transfer and withdrawal of the Offered Interests, (iv) distributing monthly statements to Limited Partners, and (v) performing certain other administrative and clerical services in connection with