Brandywine Asset Mgmt

(Symphony Preferred Fund LP)

Fund Investment Objectives

BRANDYWINE SYMPHONY PREFERRED FUND incorporates multiple fundamentally-based trading strategies in a systematic, diversified portfolio that trades across more than 100 global financial and commodity markets. BSPF is aggressively-traded at 3x the standard risk of Brandywine's Symphony managed futures program. Because of its unique trading methodology, BSPF produces returns that are uncorrelated to the major CTA indexes and trend following CTAs.