Centurion

Fund

Fund Investment Objectives

The Company's primary investment objective is to achieve capital appreciation using a broad range of long and short trading strategies through investments and transactions in foreign exchange, Government and corporate debt securities, interest rate instruments, equity securities, stock indices, precious metals, trading in the spot, forward, futures, options and swap markets, as well as hybrid and other derivative instruments across Global Markets, Latin American and other Emerging Markets. The Investment Manager may, but is not required to, hedge some of the Company's investments from time to time.