THIS WEBSITE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT REPRESENT AN OFFER TO SELL SECURITIES. SUCH AN OFFER CAN ONLY BE MADE PURSUANT TO AN OFFERING DOCUMENT. THE INFORMATION ON THIS WEBSITE IS QUALIFIED IN ITS ENTIRETY BY THE OFFERING DOCUMENTS FOR THE FUNDS. FURTHER, SUCH AN OFFER WOULD BE MADE ONLY TO INVESTORS WHO MEET THE INVESTOR SUITABILITY, EXPERIENCE AND SOPHISTICATION REQUIREMENTS OF EACH SUCH INVESTMENT FUND AS DETERMINED FROM TIME TO TIME BY RGNCM IN ITS SOLE AND ABSOLUTE DISCRETION.

An investment in the Funds is speculative. An investor may lose some or all of its investment in the Funds. Investments will be highly leveraged and performance may be volatile. The Funds engage in futures and options trading, both of which involve substantial risk of loss. The fees and expenses of the Funds are high and may offset trading profits. These and other risks are more fully set forth in the Offering Memoranda for the Funds.

PURSUANT TO AN EXEMPTION FROM THE CFTC IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS AND IN CONNECTION WITH POOLS WHOSE PARTICIPANTS ARE LIMITED TO QUALIFIED ELIGIBLE PERSONS, THE CONTENT OF THIS WEBSITE AND ANY BROCHURES, ACCOUNT DOCUMENTS OR OFFERING MEMORANDA FOR THE TRADING PROGRAMS ARE NOT REQUIRED TO BE, AND HAVE NOT BEEN, FILED WITH THE CFTC. THE CFTC DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF A COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, THE CFTC HAS NOT REVIEWED OR APPROVED THE CONTENT OF THIS WEBSITE, NOR ANY TRADING PROGRAM, BROCHURE OR ACCOUNT DOCUMENT.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS