Epstein Secrets

er applicable regulations, as discussed below, an investment in the Partnership by an ERISA Plan is subject to ERISA and an investment by an IRA, a Keogh Plan and certain other plans is generally subject to Section 4975 of the Code. The provisions of ERISA are subject to extensive and continuing admi

ompensation. The Investment Manager has full discretion to determine the amount and structure of the compensation to be paid to Portfolio Managers. Layering of Fees. Allocations and Expenses. The Partnership's direct fees and expenses, coupled with the Incentive Allocation and the incentive compensation paid to

Plan Investor" (as defined in the Plan Assets Rules and described below and including, without limitation, an individual retirement account and a "Keogh" plan) who has investment discretion (a "Fiduciary") should consider before deciding to invest such Benefit Plan Investor's assets in the Alpha Key

could diversify investments among asset classes or hedge investment risks, or if the Underlying Fund itself were diversified among asset classes. Layering of Fees. Pursuant to the Administrative Services Agreement, each Investor shall pay to the Administrator a monthly Administrative Fee as set forth above in

Plan Investor" (as defined in the Plan Assets Rules and described below and including, without limitation, an individual retirement account and a "Keogh" plan) who has investment discretion (a "Fiduciary") should consider before deciding to invest such Benefit Plan Investor's assets in the Alpha Key

could diversify investments among asset classes or hedge investment risks, or if the Underlying Fund itself were diversified among asset classes. Layering of Fees. Pursuant to the Administrative Services Agreement, each Investor shall pay to the Administrator a monthly Administrative Fee as set forth above in