WyeTree Yield Distribution

Fund

Fund Investment Objectives

The Fund's strategy is to generate 4-6% yield with low volatility and monthly liquidity through investing in assets that derive their principal risk and return from residential real estate and residential mortgages. The strategy principally involves investing in US subprime mortgage securitizations primarily in the senior part of the capital structure. These securitizations exhibit a great deal of variability in quality and, through our detailed data analysis and cash flow forecasting process, we are able to identify securities that exhibit exceptional risk/reward characteristics. AUM is not disclosed.