PAM Universal Fund Series

SPC: Managed Futures SP(B)

Fund Investment Objectives

PAM UNIVERSAL FUND SERIES SPC - MANAGED FUTURES SEGREGATED PORTFOLIO Sub-Fund seeks to achieve long-term capital appreciation by investing the Sub-Fund's assets primarily into one or more investment funds managed by professional investment advisors whose investment focus is on commodities, currencies and financial products such as futures, options, equity-linked notes, forward contracts, convertible securities, fixed income securities and derivatives instruments in the United States and international financial markets. Since inception of the Sub-Fund, it has invested only into one Underlying Fund, which is Winton Futures Fund.