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Backtested/Hypothetical Performance Returns:

The performance returns presented herein for the period 2/10/2021 through 5/9/2021 represent unaudited, hypothetical returns before expenses & fees, meant to simulate how the Fund would have performed during this period had the strategy been implemented during that time. Backtested/simulated performance returns are hypothetical and do not reflect trading in actual accounts. Such returns are provided for informational purposes only to indicate historical performance had the strategy been implemented over the relevant time period. Backtested performance results have inherent limitations as to their relevance and use. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading, such as the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. Any and all of these factors mean that no representation is being made that the Fund will achieve performance similar to that shown in simulated results, and in any case, past performance is no guarantee of future performance.

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