er reciation 7 -11.28% -12.44% -5.41% Est. Grass Total Return -10.15% -10.83% -3.75% Est. Net Total Return -10.40% -11.75% -4.72% Source Sakai Partners, LP, December 2011. 1 Past performance is no guarantee of future results. 5 The returns are unaudited and reflect the best judgment of the General