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POSITORY INSTITUTION, ARE NOT INSURED BY THE FEDERAL RESERVE BOARD OR ANY OTHER U.S. OR NON-U.S. GOVERNMENTAL AGENCY. INTERESTS ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, AND ARE NOT DEPOSITS, OBLIGATIONS OF, OR ENDORSED OR GUARANTEED IN ANY WAY, BY ANY BANKING ENTITY. INTERESTS ARE SUBJECT TO INVESTMENT RISKS, INCL
Fund may elect to return any amounts previously debited from the Members, plus any interest thereon, and such Member's Interest may be terminated. Classes of Interests in the Underlying Fund are Not Separate Legal Entities Although investors of the Underlying Fund, including the AlphaKeys Fund, may hold separate cl
d and/or the Underlying Fund and the ability of the AlphaKeys Fund and/or the Underlying Fund to execute its investment strategy. The CFTC, the SEC, the Federal Deposit Insurance Corporation, other regulators and self-regulatory organizations and exchanges are authorized to take extraordinary actions in the event of market emergencies.
local level. Quarterly reports from the Administrator regarding the AlphaKeys Fund's operations during such period also may be sent to Investors. Classes of Interests in the Underlying Fund are Not Separate Legal Entities. Although Investors of the Underlying Fund, including the AlphaKeys Fund and certain Other A
d and/or the Underlying Fund and the ability of the AlphaKeys Fund and/or the Underlying Fund to execute its investment strategy. The CFTC, the SEC, the Federal Deposit Insurance Corporation, other regulators and self-regulatory organizations and exchanges are authorized to take extraordinary actions in the event of market emergencies.
local level. Quarterly reports from the Administrator regarding the AlphaKeys Fund's operations during such period also may be sent to Investors. Classes of Interests in the Underlying Fund are Not Separate Legal Entities. Although Investors of the Underlying Fund, including the AlphaKeys Fund and certain Other A
Entities connected to both FDIC and Classes of Interests

the Internal Revenue Service
ORGANIZATION
Ghislaine Maxwell
PERSON
United States
LOCATION
Federal Reserve
ORGANIZATION
U.S. Treasury
ORGANIZATION
UBS AG
ORGANIZATION
New York
LOCATION
Samantha Power
PERSONthe District of Columbia
LOCATIONthe New York Stock Exchange
ORGANIZATIONCayman
LOCATIONthe Private Placement Memorandum
ORGANIZATION
Philadelphia
LOCATIONthe U.S. Investment Company Act
ORGANIZATION
Paul Volcker
PERSONErnst & Young LLP
ORGANIZATIONBank Holding Company Act Considerations
ORGANIZATIONthe Underlying Fund Management Fee
ORGANIZATIONthe Investor Application
ORGANIZATIONAlphaKeys
ORGANIZATION