The General Partner acts as a selling agent for the Fund. The General Partner
has and intends to continue to appoint certain other broker-dealers registered
under the Securities Exchange Act of 1934, as amended (“1934 Act”),
and members of FINRA, to act as additional selling agents with respect to Series
A, B and I Units. Selling agents are selected to assist in the making of offers
and sales of Series A, B and I Units. The selling agents are not required to
purchase any Series A, B and I Units, or sell any specific number or dollar
amount of Series A, B and I Units, instead use their best efforts to sell such
Units. Where the General Partner acts as the selling agent it retains the selling
agent fee.
The Fund trades on a variety of U.S. and international futures exchanges. As
in the case of its market sector allocations, the Fund’s commitments to
different types of markets - U.S. and non-U.S., regulated and non-regulated
- differ substantially from time to time, as well as over time, and may change
at any time if a trading advisor, with the approval of the General Partner,
determines such change to be in the best interests of the Fund.
The Fund trades speculatively, through the allocation of its assets to the
Trading Advisors, in U.S. and international futures markets, and may trade or
hold futures, forwards, swaps or options. Specifically, the Fund trades futures
on interest rate instruments, equity indices, energy, currencies, metals and
agricultural commodities. The Fund also trades forward currency contracts and
may trade options, swaps and other forwards other than currencies in the future.
