ABSOLUTE RETURN STRATEGIES, LP JULY 2017 B BOOTHBAY FUND MANAGEMENT. LLC ANALYTICS Exposure' % of NAV Total Equity Positions Exposure % of Risk-Adjusted Investment" Long 169% >1500 Strategy Type Long Short Goss Net Short -167% >1500 Fundamental US 169% -168% 336% 1% Net 2% OuantltalJve 241%