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cording of 1-12 CONFIDENTIAL UBSTERRAMAR00003943 EFTA00239275 FOR EXISTING INVESTOR USE ONLY Taxation: ERISA and Other Tax Exempt Entities: Anti-Money Laundering Considerations: DOC ID- 29147063.5 transactions and the reconciliation of cash, positions and transactions between Millennium USA's and the Maste
ole discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. There
lations promulgated thereunder) to equal or exceed 25% of the net asset value of any class of the Offered Interests. (See "ERISA Considerations.") Anti-Money Laundering As part of Millennium USA's and the Administrator's Considerations: responsibility for the prevention of money laundering, Millennium USA and its
le discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. ML2
lations promulgated thereunder) to equal or exceed 25% of the net asset value of any class of the Offered Interests. (See "ERISA Considerations.") Anti-Money Laundering As part of Millennium USA's and the Administrator's Considerations: responsibility for the prevention of money laundering, Millennium USA and its
le discretion, to make such an offer to one or more Investors and not to the other Investors, and may do so without notice to the other Investors. No Assurance of Investment Return. The AlphaKeys Fund is intended for long-term Investors who can accept the significant risks associated with investing in illiquid securities. -MA
Entities connected to both Anti-Money Laundering and No Assurance of Investment Return

United States
LOCATIONthe District of Columbia
LOCATION
U.S. Treasury
ORGANIZATIONCayman
LOCATION
the Internal Revenue Service
ORGANIZATION
Paul Volcker
PERSONthe U.S. Investment Company Act
ORGANIZATIONthe Investor Application
ORGANIZATIONErnst & Young LLP
ORGANIZATIONBank Holding Company Act Considerations
ORGANIZATION
New York
LOCATION
FDIC
ORGANIZATIONClasses of Interests
ORGANIZATIONthe Underlying Fund Management Fee
ORGANIZATION
UBS AG
ORGANIZATION
Ghislaine Maxwell
PERSONthe New York Stock Exchange
ORGANIZATIONCustodian
ORGANIZATION
Federal Reserve
ORGANIZATION
Millennium
ORGANIZATION