Multi-Asset Class Alternative Investment Solutions Investing Across Private Markets & Hedge Funds

¹The target net annual return is the target annualized net return over a rolling 5 year period and includes distributions. The target net annual return represents a projection and does not represent returns actually obtained by investors. There is no guarantee that the target net annual return will be realized or achieved or that an investment will be successful. Actual performance may deviate from these expectations materially, including due to market or economic factors, portfolio management decisions, the performance of the underlying investment funds, or other reasons. Actual returns may be greater or less than the target. The target net annual return is derived from an internal exercise to model expected risks and returns for each asset class that the Portfolio expects to have exposure to. Obsiido may update the target net annual return from time to time.

²The target net annual distribution is net of fees and does not represent the total target return of the Portfolio. The target net annual distribution will be updated in January of each year. The target net annual distribution is derived from a review and aggregation of forecasted yields for each underlying holding of the Portfolio. The target net annual distribution is not guaranteed and may change at any time at our discretion. Actual distributions may vary quarter to quarter and year to year and may or may not meet or exceed the annual net target distribution for a particular year. Any distributions paid to unitholders of the Portfolios will be based on actual distributions received by the Portfolios. The annual net target distribution may include a return of capital.