OEI Mac Inc.

GBP Class B

Fund Investment Objectives

Investment Objective of the Fund The investment objective of the Fund is to achieve long-term capital appreciation by investing in the Master Fund and also by trading and investing in currencies. Investment Objective of the Master Fund The Master Fund's objective is capital appreciation principally through trading and investing in European securities, bonds and currencies and related financial instruments. The Master Fund may from to time to time invest up to 20 per cent of its Net Asset Value in non-European securities.