McGinnis MLP

Fund, LP

Fund Investment Objectives

Since June 2010 McGinnis Capital, LP has greatly increased its concentration on exchange listed energy master limited partnerships (MLPs) and has migrated to a long-bias investment approach in this sector. Because of the success of the new approach and the promise the management believes the sector has in the future, McGinnis Capital LP will maintain this strategy and has changed its name to McGinnis MLP Fund, LP. The Fund will preserve the right to invest a portion of its capital in non MLP assets and maintain the practice of hedging perceived risks to the it's capital. As a result of this change, the restated investment objective of the Fund will be to achieve tax efficient growth and income on a consistent basis.