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e BHC Act and related regulations (known as the "Volcker Rule") restrict the ability of a banking entity,
of interests (e.g., currency hedges). As an investor in the Underlying Fund, the AlphaKeys Fund may be subject to these same risks with respect to the Underlying Fund Interests. Similarly, although Investors may hold separate classes, sub-classes or series of Interests, the AlphaKeys Fund is a single legal entity and its c
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
ies of shares (e.g., currency hedges). As an investor in the Underlying Fund, the AlphaKeys Fund may be subject to these same risks with respect to the Underlying Fund Interests. Idle Funds. The AlphaKeys Fund may retain a portion of the subscription proceeds that will not be invested in the Underlying Fund, to meet certain
ank Act, Section 13 of the BHC Act (known as the "Volcker Rule") restricts the ability of banking entities
ies of shares (e.g., currency hedges). As an investor in the Underlying Fund, the AlphaKeys Fund may be subject to these same risks with respect to the Underlying Fund Interests. Idle Funds. The AlphaKeys Fund may retain a portion of the subscription proceeds that will not be invested in the Underlying Fund, to meet certain
Entities connected to both Paul Volcker and the Underlying Fund Interests

United States
LOCATION
Ghislaine Maxwell
PERSON
U.S. Treasury
ORGANIZATION
Federal Reserve
ORGANIZATIONCayman
LOCATIONthe District of Columbia
LOCATION
New York
LOCATION
Cayman Islands
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONKeogh
ORGANIZATION
Philadelphia
LOCATION
UBS AG
ORGANIZATIONNo Assurance of Investment Return
ORGANIZATIONSchulte Roth & Zabel LLP
ORGANIZATIONClasses of Interests
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONBank Holding Company Act Considerations
ORGANIZATIONErnst & Young LLP
ORGANIZATIONthe Underlying Fund Management Fee
ORGANIZATIONthe Investor Application
ORGANIZATION