e returns with low volatility and low correlations to traditional asset classes through all market conditions 2017 July YID I I I) Sharpe ITD* Boothbay Absolute Return Strategies, • 0.80% 4.26% 21.03% 2.24 HFRX : Equity Market Neutral 0.51% 1.22% 3.78% 0.26 HFRX : Absolute Return 0.48% 1.86% 4.03% 0.59 HFRX : Gl

B BOOTH BAY FUND MANAGEMENT, LLC Dear Investor, Thank you for being a member of our founders share class of Boothbay Absolute Return Strategies, LP ("BBARS"). We have been working hard for a long time to prepare for this launch and appreciate the vote of confidence. We launched with approxi

net returns, exposures and a general fund overview. As always, please reach out with any comments or questions. 2017 April In 11 Sharpe 1 I'D' Boothbay Absolute Return Strategies, 0.66% 3.17% 19.77% 2.32 HFRX : Equity Market Neutral 0.12% 1.63% 4.18% 0.36 HFRX : Absolute Return 0.31% 0.96% 3.10% 0.48 HFRX : Glob