Disclaimer

 Investment Strategy

The description herein of the approach of the Manager and the targeted characteristics of its strategies and investments is based on current expectations and should not be considered definitive or a guarantee that the approaches, strategies, and investment portfolio will, in fact, possess these characteristics. In addition, the description herein of the Manager’s risk management strategies is based on current expectations and should not be considered definitive or a guarantee that such strategies will reduce all risk. Any description of anticipated investments of Series 1 is provided for informational purposes and is in no way definitive or limiting on the Manager’s discretion to deviate therefrom. These descriptions are based on information available as of the date of preparation of this document, and the description may change over time. There is the possibility of loss and all investment involves risk including the loss of principal.

Forward Looking Statements / Projections

Any projections, forecasts and estimates contained in this document are necessarily speculative in nature and are based upon certain assumptions. In addition, matters they describe are subject to known (and unknown) risks, uncertainties and other unpredictable factors, many of which are beyond the Manager’s control. No representations or warranties are made as to the accuracy of such forward-looking statements. It can be expected that some or all of such forward-looking assumptions will not materialize or will vary significantly from actual results. Accordingly, any projections are only estimates and actual results will differ and may vary substantially from the projections or estimates shown.

Charts / Visual Aids

The graphs, charts and other visual aids are provided for informational purposes only. None of these graphs, charts or visual aids can and of themselves be used to make investment decisions. No representation is made that these will assist any person in making investment decisions and no graph, chart or other visual aid can capture all factors and variables required in making such decisions.

Targets / Asset Allocation

The target investments of Series 1 described on this slide are subject to change. The Manager may at any time adjust, increase, decrease or eliminate any of the targets, depending on, among other things, conditions and trends, general economic conditions and changes in the Manager’s investment philosophy, strategy and expectations regarding the focus, techniques and activities of its strategy. It should not be assumed that recommendations made in the future will be profitable.

Risk Management

The description herein of the Manager’s risk management strategies is based on current expectations and should not be considered definitive or a guarantee that such strategies will reduce all risk. These descriptions are based on information available as of the date of preparation of this document, and the description may change over time. Past performance of these strategies is not necessarily indicative of future results. There is the possibility of loss and all investment involves risk including the loss of principal.

Fund Terms and Conditions

The summary provided herein of Series 1’s terms and conditions does not purport to be complete. The Offering Documents should be read in their entirety prior to an investment in Series 1.