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Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
ONLY Millennium from an economic, financial or regulatory perspective or whether any such impact would be material. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as well as with the numerous third part
Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
least, the costs of compliance with legal restrictions affecting the Fund's trading will be significantly increased. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as well as with the numerous third part
Investors should consult their tax advisors regarding the application of the "straddle" rules to their investment in Millennium USA. Limitation on Deductibility of Interest and Short Sale Expenses. For noncorporate taxpayers, Section 163(d) of the Code limits the deduction for "investment interest" (i.e., interest or
least, the costs of compliance with legal restrictions affecting the Fund's trading will be significantly increased. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as well as with the numerous third part
Entities connected to both Deductibility of Interest and Third-Party Service Providers

the Cayman Islands
LOCATIONIndividual Limited Partners
ORGANIZATION
U.S. Treasury
ORGANIZATION
New York
LOCATIONCayman
LOCATIONKeogh
ORGANIZATIONDistributions of Property
ORGANIZATIONMillennium International, Ltd.
ORGANIZATION
New York State
LOCATION
United Kingdom
LOCATIONOptions and Special Allocations
ORGANIZATION
the University of Michigan
ORGANIZATIONMunger, Tolles & Olson LLP
ORGANIZATION
Millennium
ORGANIZATION
Luxembourg
LOCATION
Occidental College
ORGANIZATIONErnst & Young LLP
ORGANIZATION
Wilbur Ross
PERSONthe Delaware
ORGANIZATIONthe U.S. Investment Company Act
ORGANIZATION