This document (“Document”) is communicated to you by Heirloom Holdings or one of its subsidiaries (“Heirloom”). The Document is directed to professional clients only and financial products and/or services to which the Document relates will only be made available to professional clients and not to retail clients. This Document does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction, and may not be relied upon in connection with any offer or sale. Under no circumstances should this Document be construed as an offering memorandum. Products and services offered by Heirloom are not available for purchase except where explicitly permitted by law. 

IMPORTANT INFORMATION:  The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate and thus an investor ‘s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than return data quoted herein.
Neither the sender of this report nor the sender’s third party vendors and data providers make any representations or warranties of any kind with respect to the subject matter herein, whether express or implied. The foregoing parties expressly disclaim any warranties of merchantability, fitness for a particular purpose, accuracy, completeness or noninfringement with respect to the subject matter herein.
The information contained in this consolidated investment summary is not the official record any investment account(s).  The office records may be different than what is outlined here.  This information should not be relied on in any capacity.  It has been prepared for informational purposes only and is not a solicitation by or for a purchase or sale of any securities or other financial instrument.
Values of assets “held away” from – are manually entered based on the information from current statement(s) provided by the respective Fund(s ) or the management of  the Alternative Investment. If there are any discrepancies between this consolidated investment summary report and individual account statement(s), individual account statements as provided by the Fund, or the management of the Alternative Investment, should be the ones relied upon.
All information contained in the Document is confidential and may not be copied, reproduced, distributed or communicated to a third party without the express prior written consent of Heirloom. The information contained in this Document is subject to change without notice.
PAST PERFORMANCE MAY NOT BE REPEATED. Investment funds can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance. Certain performance information is based on estimates of Heirloom or the underlying manager. The Fund is intended for qualified investors who can accept the risks associated with such an investment.  Performance data from certain market indices is provided for information purposes only; a comparison of the Fund’s performance to such market indices is of limited use because the Fund’s portfolio may contain among other things, options and other securities, and may employ leverage, not found in a market index.