SW Contego

Fund, LLC

Fund Investment Objectives

SW Contego Fund, LLC is a fund of hedge funds managed by Salem Partners Wealth Management. The fund's actual inception is February 14, 2008. The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of hedge funds and funds of funds operated by portfolio managers that have achieved above-average risk adjusted rates of return through complete market cycles. There may also be cases, however, where new or emerging Portfolio Managers may be considered for investment. The Fund will invest with employing investment strategies the Managing Member believes will further the Fund's investment objective. Such investment strategies may include, but are not limited to, the following types of strategies or investments: multi-strategy, funds of funds, fixed income arbitrage, asset-based transactions, corporate securities, distressed and value debt, event driven opportunities, global macro, hedged high yield instruments, intermarket transactions, loan originations, long/short equity, relative value, short biased, statistical arbitrage, trading strategies and any other investment strategy identified from time to time by the Managing Member.