Sinfonietta

Class A

Fund Investment Objectives

Sinfonietta (the Fund) seeks to generate superior absolute returns by investing in equity, credit and currency instruments in the Asian market. It was originally established to invest Symphony principal capital in compelling investments outside the scope of its existing funds. The Fund employs top down and bottom up fundamental research on economies, industries, companies and securities to develop investment themes and strategies. The Fund aims to achieve 15% annual return with minimal leverage and low volatility. A broad array of hedging techniques are used to reduce volatility and enhance returns. The Fund applies a rigorous and comprehensive approach to risk management, and actively works to protect Fund capital by employing protection from exposure to adverse market conditions.