Seligman Health Spectrum

Plus (Master) Fund

Fund Investment Objectives

The investment objective of the Fund is to provide absolute returns by seeking to participate in a significant portion of the healthcare market's upside while reducing downside risk. In seeking its objective, the Fund will use a combination of investment techniques, including long and short positions in the securities of healthcare and healthcare-related companies. Specifically, the Fund intends to invest primarily in companies operating in any of the following or similar fields: healthcare equipment or supplies, healthcare providers, distributors or services, healthcare facility owners or operators, healthcare IT providers, health management organizations (HMOs) or other managed plans, biotechnology and pharmaceuticals. As of 6/30/2013 AUM reports Strategy Assets.