|Investment Advisor||Brevan Howard Asset Management|
|Fund AUM as of||28 March 2015|
|Fund Inception||23 May 2008|
|Fund Indices||AH Macro UCITS Index|
With effect from 1 September 2014 BHG invests all of its assets in the Brevan Howard Multi-Strategy Master Fund Limited ("BHMS"). The investment objective of BHMS is to generate consistent long-term appreciation through active, direct and indirect, leveraged trading and investment on a global basis in multiple investment strategies. BHMS employs an investment process which uses a combination of (a) allocations to investment funds managed or investment managed by Brevan Howard or affiliates entities (“BH”); and (b) targeted and opportunistic allocations directly to the traders of BH Investment Managers.