*The target returns are for illustrative and informational purposes only. There can be no assurance that an investment in the Arixa Secured Income Fund or Arixa Enhanced Income Fund will achieve comparable results. Target returns have been calculated taking into account management fees, incentive fees where applicable, and other Fund expenses, each as further described in the confidential Private Placement Memorandums of the Funds. Arixa’s assumptions and estimates are based on good faith judgments; however, there can be no guarantee that these factors will not change materially over time or as a result of market and economic changes. Prospective investors should carefully evaluate the information presented in their analysis of any investment opportunity. Target returns are considered hypothetical. Hypothetical performance results have many inherent limitations and there are frequently sharp differences between hypothetical performance results and the actual results subsequently realized by any particular investment strategy. There are numerous factors related to the markets in general or to the implementation of any specific investment strategy which cannot be fully accounted for in the preparation of hypothetical performance results, all of which can adversely affect actual performance.