Genesee Credit Opportunities

Fund Ltd.

Fund Investment Objectives

Genesee Credit Opportunities Fund is a fund of hedge funds that attempts to take advantage of niche opportunities in the credit markets, primarily in residential mortgage backed securities ("RMBS"). The Fund is concentrated, with four to six underlying managers. It targets returns in the mid-teens with an expected lifetime of 18-24 months. AUM reflects the aggregate of the various share classes and is denominated in USD.