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n Brach re tonyoutily e.poced 10 The SOvalin 6-1 of theCaynal band: and they is to guinea other oblotatim a US$ A4 b repay the *Was who On the 185 Cayman's Broth's boas. Depose, X lAIS Bag USA rd each UPS AG Brach aro no mooed by SIC Monty Fund sloes are pawed by WC See "UPS Imam* Sevces Account Ito
and dosing balances taut. FDIC insurance applies only to deposal at U85 Bank USA, not to &pouts at u85 AG, Stamford Branch or bank deposits paced t Nouse, the UBS internaiond Depose Account program. WC potection applies to mom market sweep find hoidinos but not bank deposits Seelmportant information
and UBS AGC wan Brach These deposits are not ;mad by the FOC. Balances held at the LES AG Cayman Burch are tempest* potato the sovereign a of the Cayman bads, and theta is no gaartee a otter obligation of LBS AG to repay tie balances while at the LIES Cayman's Brach's books. Deposits at MS Bat USA
and closing bdances taw. FDIC Insurance £pier only to deposal at u85 Rank USA, not to deposits at LOS AG, Stamford Branch or bank deposits placed !Nouse, the UPS International Depose Account program SIPC protection applies to money market sweep I wid nee:tiros but rot bank deposits Seelmportant intou
e tempo's* avow' to the sovereign rile of the Cumin Man& and there is no %warts, a other *ligation of LBS AG to repay the balances while clothe • Cayman's Brach's books. Deports at LBS Bat USA and each UBS AG Branch are not protected by SIPC. Money Fund than are protected by SIPC See #U35 Financial
closing balances yam. FDIC insurance aropues only to deposits at UBSEsank USA., rot to deposits at UBS AG, Stamford Branch or bank deposits piano t Nouse, the UBS IMernitiond Depose Account program SIPC protection applies to money market sweep fund holdings but not bane deposits. See impoP nt informat
pera* closed to the sovereign irk of the Corr Islands, and there is no quarareee or other oblation of LBS AG to repay to balances while cache LIES Cayman's Brach's books. Deposits at MS Bait USA and each UBS AG Branch are not protected by SIPC, Money Fund shays are protected by SIPC See *U35 FS-unci
and closing bg.snces Aut. FDIC insurance *pies only to deposits a U85 Bank USA, not to depotits at U85 AG, StarMord Branch or bank deposes paced t Nouse the UBSInternahond Depose Account program. SIPC rxotechon applies to monry market sweep fold hcklirrat but not bank deposits Soelmportant Mannar:on
AG Cayman Bunch Thew deposits ate not inured by the FIX. Balances held at the LES AG Carnal Beni are tempera* exposed to the severely' risk of the Cayman glands, and tere is no gmantee or other obligation of UBS AG to IVO) tie biarces while co the UBSCaymards Bradt. books. Deposes a UBS Bak L6A and
closing balances taut FDIC Insurance ipprier only to deposits a U85 Sank USA, not to deposits at U8S AG, Starriccd Branch or bank deposits paced t Nouse the UBSInteingond Depose Account program. SIPC rxotec bon applies to money market sweep find holdings but rot bare deposits See Important informatio
a Toil Tax FAv fonds 1,950.00 4311,02630 5/1/1111 Inlatem, slew Toil Tax Fro2 fonds 2240200 10330119 5/10/2012 MP Custom Hedge Fund Semitone( Cayman) 1.102 CAW 1.113D31A GOMMIYMAll Payment (470(KOLO) 1,363,03X30 5/23/2012 ettackRexk CmInweentot Fund Ill LP.- 2 CRT Sark.( Capital Call) (L037.
2012 Reference Endnotes I I Please note: Inception To Date returns (fTD Return) am annualized returns for periods greater than 12 months. I "1 Nouse note: The TWR calculations are Net of Fees. RAJ Investment represents asses owned by Z CAP Fund, L.P. Value presented represents the percentage int
Entities connected to both Cayman and Nouse

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