are put. Valuations are provided for information purposes only and are intended solely for your own use. Hedge funds generally calculate the price (the 'Net Asset Value' or' NAV"). 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

rgan Disclosures Page 3 of 5 SB1062192-F1 5634 EFTA01667506 ar I For the Period 3/1/12 to 4/30/12 Hedge funds generally calculate the price (the 'Net Asset Value' or' NAV"), 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

rgan Disclosures Page 3 of 5 SB1062192-F1 5714 EFTA01667586 a► if For the Period 6/1/12 to 6/30/12 Hedge funds generally calculate the price (the 'Net Asset Value' or" NAV"), 10.15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

.P.Morgan Disclosures Page 3 of 5 SB1062192-F1 5830 EFTA01667702 For the Period 9/ I /12 to 9/30/12 Hedge funds generally calculate the price (the 'Net Asset Value' or " NAV", 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

.P.Morgan Disclosures Page 3 of 5 SB1062192-F1 5914 EFTA01667786 For the Period 1111112 to 11130/12 Hedge funds generally calculate the price (the 'Net Asset Value' or' NAV"), 10.15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

J.P.Morgan Disclosures Page 3 of 5 SB1062192-F1 6070 EFTA01667942 For the Period 3/U13 to 3/31/13 Hedge funds generally calculate the price (the 'Net Asset Value' or " NAV", 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

J.P.Morgan Disclosures Page 3 of 5 SB1062192-F1 6270 EFTA01668142 For the Period S/U13 to 8/31/13 Hedge funds generally calculate the price (the 'Net Asset Value' or' NAV"), 10.15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

organ Disclosures Page 3 of 5 SB1062192-F1 6352 EFTA01668224 ear For the Period 10/1/13 to 10/31/13 Hedge funds generally calculate the price (the 'Net Asset Value' or' NAV"), 10.15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the

-traditional investment management strategies, for example, strategies commonly employed by hedge funds. Mutual funds generally calculate the price (the 'Net Asset Value' or "NAT) on a daily basis and mutual fund NAVs shown on your statement generally will be the NAV as of the close of the last business day for this s