VaR") is calculated by BHCM and/or affiliated entities using
BHCM and DW Partners, LP wish to thank shareholders for
December 2014, BHCM was the manager of the Company.
Agreement dated 19 November 2010, BHCM paid the costs and expenses of,
December 2014, the Company had a management agreement with BHCM,
pursuant to which BHCM managed the Company's investment portfolio.
US$4,641,046 (31 December 2013: US$4,013,704) was charged by BHCM as
believed to be reliable, but none of BHCC, the Fund, BHCM or DWIM make
required by applicable law, BHCC, the Fund, BHCM and DWIM expressly