From: Whitman Asset Management (WAM)

From: Whitman Asset Management (WAM) To: Jeffrey Epstein <jeevacationggmail.com> Subject: WAM Global Macro Program - January 2016 Update Date: Thu, 25 Feb 2016 15:29:51 +0000 Whitman Asset Management - January 2016 Performance View this email in your Update browser WAM Global Macro Program January 2016 Performance Update Net Returns* January: -1.08% Risk Metrics Nominal AUM Sharpe: 1.67 Program: $21M EFTA00699288 2016 YTD: -1.08% 2015: +7.79% Volatility: 4.56% Max DD: 1.40% Firm: $26M Proprietary: $8M Download Performance Summary PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS * Please see Performance Notes below Contact: Jeffrey Roy Whitman Asset Management Performance Notes: The returns are calculated from the actual performance of a WAM proprietary account and are adjusted by 2% management and 20% incentive fees. From 10/2014 through 02/2015 the Program was traded within a multi-strategy account. NFA rule 2-29 requires those carved out returns be labeled hypothetical. WAM Global Macro Program AUM includes allocations from WAM customized client programs. The WAM Global Macro Program is only available to "qualified eligible persons" as defined in CFTC Rule 4.7. Disclaimers: This message w/attachments is intended solely for the use of the intended recipient(s) and may contain information that is privileged, confidential or proprietary. If you are not an intended recipient, please notify the sender, and then please delete and destroy all copies and attachments, and be advised that any review or dissemination of, or the taking of any action in reliance on, the information contained in or attached to this message is prohibited. Unless specifically indicated, this message is not an offer to sell or a solicitation of any investment products or other financial product or service, an official confirmation of any transaction, or an official statement of WAM. If this message contains estimated performance, the information has been obtained from or based upon sources believed by the sender to be reliable, but EFTA00699289 the sender does not represent or warrant its accuracy or completeness and is not responsible for losses or damages arising out of errors and/or omissions. If this message contains hypothetical returns, please see below. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. Copyright O 2016 Whitman Asset Management, Al! rights reserved. Our mailing address is: Whitman Asset Management 401 N. Michigan Avenue Suite 1910 Chicago, IL 60611 Add us to your address book Want to change how you receive these emails? EFTA00699290 You can update your preferences or unsubscribe from this list j Email Marketing Powered by MailChimp EFTA00699291