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Tangible Asset Program® (TAP®)

TAP® is a broadly diversified, long-only commodity futures strategy, providing exposure across more than 30 commodity markets and an actual track record of over 30 years. TAP® is based on an evolving portfolio construction that reflects changes in global commodity markets, with opportunistic and discretionary active implementation through both fundamental and quantitative analysis. TAP® is intended to complement an investor's holdings in traditional asset classes by providing a non-correlated source of returns and a powerful inflation hedge.

ALL INVESTMENTS INVOLVE RISK INCLUDING LOSS OF PRINCIPAL.

PAST PERFORMANCE RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.