J.P. Morgan account statement (EFTA01492906)

For the Period 3/1/12 to 3/31/12 Hedge funds generally calculate the price (the "Net Asset Value" or NAV"), 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the month preceding this statement period. In general, the NAV is stated net of management and incentive fees. The NAV is calculated according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, lim