WR Managed Account Services, LP

A Managed Account provides investors with many advantages over traditional Fund of Funds or Hedge Fund Investments:

• Transparency: Position Level/Basis Reporting
• Useful and Useable Risk Management Information/Reports
• Daily Estimated P&L Based on Verified/Controlled Assets
• Early Detection of Style Drift, Excessive Leverage, Illiquidity, Concentrations
• Improved Liquidity: Generally Monthly, Shorter on Risk Violations
• Investor Controlled Governance: No Lock-Ups, Gates or Suspension of Redemptions
• Significantly Reduced Operational Risks: Robust Legal/Operational Structure Reduces Opportunity for Fraud and Misappropriation of Assets