EFTA Document EFTA01386214

AGP LP 519 Alpha Group Caudal Paul Barrett • Alkeon may take positions in securities of small, unseasoned companies that are less actively traded and more volatile than those of larger companies. • Alkeon sells securities short, resulting in a theoretically unlimited risk of loss if the prices of the securities sold short increase. • Changes in economic conditions can adversely affect investment performance. At times, economic conditions in the U.S. and elsewhere have deteriorated signi