The summary description of the relevant Fund included herein, and any other materials provided to you, are intended only for discussion purposes and are not intended as an offer or solicitation of an offer with respect to the purchase or sale of any security and should not be relied upon by you in evaluating the merits of investing in any securities. These materials are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to local law or regulation. These materials are for use by the recipient only and are not for onward distribution. This summary is not intended to be complete, and material aspects of the descriptions contained herein may change at any time. If you express an interest in investing in the Fund, you will be provided with an offering memorandum, subscription agreement and other offering documents (the “Fund Documents”). You must review the Fund Documents and risk factors disclosed in the Fund Documents prior to making a decision to invest. You should rely only on the information contained in the Fund Documents in making your decision to invest. Any descriptions or information involving investment process or strategies is provided for illustrative purposes only, may not be fully indicative of any present or future investment allocation decisions. All net estimated returns are based on unaudited, internally prepared assessments of the performance of the Funds discussed herein, and have not been independently verified pursuant to the independent price verification process described in the Fund’s offering documents. The net estimated returns are subject to adjustment as a result of items such as changes or delays in the calculation of the profit and loss of the portfolio in whole or in part and/or the portfolio manager’s assessment of the month-end value of any one or more of the financial instruments in the relevant Fund’s portfolio. Any such adjustments could have a material impact on the estimated net returns, including a change from a positive monthly net return or year to date performance estimate to a negative monthly net return or year to date performance estimate. The investment manager is under no obligation to update the estimated net returns set forth above. Any estimated gross returns are reported before deduction of the relevant Fund’s estimated expenses, investment management fees or any incentive fee/allocation. Past performance is not indicative or a guarantee of future results. Investment losses may occur, and investors could lose some or all of their investment. Investing in financial markets involves a substantial degree of risk. Any indices cited herein are provided only as examples of general market performance. No index is directly comparable to the past or future performance of the relevant Fund. It should not be assumed that the relevant Fund will invest in any specific securities that comprise any index, nor should it be understood to mean that there is a correlation between the relevant Fund’s returns and any index returns. Investment results are unaudited. The information herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the matters discussed herein. The relevant Fund will not register as an investment company under the US Investment Company Act of 1940, as amended (the “Company Act”), in reliance upon the exemption under Section 3(c)(7) thereunder, and, accordingly, the provisions of the Company Act will not be applicable to the relevant Fund. An investment in the relevant Fund will be suitable only for certain sophisticated investors who have no need for immediate liquidity in their investment. Such an investment will provide limited liquidity because shares or interests in the relevant Fund will not be freely transferable and may be withdrawn infrequently and only under certain limited circumstances. There will be no public or secondary market for shares or interests in the relevant Fund, and it is not expected that a public or secondary market will develop. This document is confidential. Distribution of this information to any person other than the person to whom this information was originally delivered and to such person’s advisors is unauthorized and any reproduction of these materials, in whole or in part, or the disclosure of any of the contents, without prior written consent in each such instance is prohibited. The information presented herein is intended to be a summary only and LOIM makes no representation as to the accuracy of such information. This presentation may contain targeted returns and forward-looking statements. “Forward-looking statements,” can be identified by the use of forward-looking terminology such as “may,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof, or variations thereon, or other comparable terminology. Investors are cautioned not to place undue reliance on such returns and statements, as actual returns and results could differ materially due to various risks and uncertainties. In considering any transactional history or prior performance information contained herein, investors should bear in mind that transactional history or prior performance is not necessarily indicative of future results, and there can be no assurance that the Fund will achieve comparable results. Such descriptions are provided for illustrative purposes only and there can be no assurance that LOIM will be able to implement its investment strategies in a similar manner or pursue similar transactions or be able to avoid losses. Past performance is not indicative of future results.
