RISK FACTOR

Investors should note that the value of their investment in the fund and any income derived from them is subject to substantial volatility and risk. The value of the fund's shares may decline substantially. Only investors who are prepared for a significant or complete loss of their investment should proceed with an investment in the Company.

As there are significant risks associated with investment in Swiss's fund(s) an investment may not be suitable for all investors and is intended for sophisticated investors who can accept the risks associated with such an investment including a substantial or complete loss of their investment. Each prospective investor should carefully consider these risks before investing in the fund. Investors should take into account the following factors when considering the risks associated with investment in the Company. For a complete outline of other risk factors associated with an investment every investor should read the Confidential Offering Memorandum.

Investment and Trading Risks
All securities, commodities, derivatives and other investments risk the loss of capital. The Investment Manager believes that the investment program and research techniques will moderate this risk through a careful selection of securities, commodities, and through skillful hedging or arbitrage techniques. However, no guarantee or representation is made Swiss's investment program will be successful.

Economic Conditions
The success of any investment activity is affected by general economic conditions that affect the level and volatility of prices as well as the liquidity of the markets. The prices of many securities and derivative instruments are highly volatile. The Company's investment's are influenced by, among other things, interest rates, changing supply and demand relationships, the trade, fiscal, monetary and exchange control programs and policies of governments, and national and international political and economic events. Governments from time to time intervene, directly and by regulation, in certain markets, particularly those in currencies and interest rates, disrupting strategies focusing on these sectors. Unexpected changes (in either direction) in the volatility or liquidity of the markets in which the Company invests could cause significant losses.