74% 56% Incentive Allocation 14.0% Percentage of Down Months 26% 44% High Water Mark Yes Best Month Net Return 1.80% 8.30% Administrator NAV Consulting. Worst Month Net Return -12M -626% Auditor KPMG Standard Deviation 2.60% 10.61% Legal Kleinberg. Kaplan. Wahl& Cohen Sharpe Ratio 2.32 0.

74% 62% Incentive Allocation 14.0% Percentage of Down Months 26% 38% High Water Mark Yes Best Month Net Return 3.46% 8.30% Administrator NAV Consulting Worst Month Net Return 421% -6.26% Auditor KPMG Standard Deviation 3.06% 9.95% Legal Prime Brokers CONTACT Frederick Richardson Kleinber

73% 59% incentNe Allocation 14.0% Percentage of Down Months 27% 41% High Water Mark Yes Best Month Net Return 1.80% 8.30% Administrator NAV Consulting Worst Month Net Return -1.21% -626% Auditor KPMG Standard Deviation 2.58% 10.19% Legal Kleinberg. Kaplan. Wolff 8 Cohen Sharpe Ratio 2.24