Summary

Gregory Placsintar designed the Alternative Multi-Strategy with input from one other individual. Mr. Placsintar assisted the individual in trading his account but did not have power of attorney. Because neither Mr. Placsintar nor GPAM had power-of-attorney over the account, the performance is not presented as GPAM client performance. The actual trading results of the account presented below do, however, represent the trading history of the Alternative Multi-Strategy trading program. In addition, performance has been adjusted to include a management fee of 2% and an incentive fee of 20%. GPAM will be assuming the trading of this individual account and intends to use the same trading strategy for all customers trading the Alternative Multi-Strategy.