Subject: IPM (Informed Portfolio Management)
From: "Joan Peugh" <[email-masked]>
To: <[email-masked]>, "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>
Date: Fri, 21 Jan 2011 15:54:35 -0500

IPM was founded in 1998 by Jonas Rinné and Anders Lindell, offering
customized advice on *tactical asset allocation*. In 2001, IPM became an
investment management company, specializing in GTAA and Currency Management
strategies, and today is a market leader in the area.

In 2005, IPM added equity management using the Fundamental Index® approach
to its product suite, giving our clients access to a groundbreaking
methodology that adds significant value to equity portfolios by breaking the
link between a stock's price and its weighting in the construction of an
index. Since then asset growth in Fundamental Index strategies has been
exceptional, and IPM is the leading European provider.

In 2010, the company has complemented its institutional offering by adding
Commodity and Multi Strategies approaches.

*IPM currently manages assets exceeding US$ 8 billion* some of the world's
most sophisticated pension funds, sovereign funds and other institutional
clients in GTAA, Currency Management, Equity Management Commodity and Multi
Strategies.

These investment strategies are developed in-house and through long term
affiliations with highly successful market innovators..

IPM is regulated by the Swedish Financial Supervisory Authority and
passported to carry out financial services throughout the European Union.

Products:

Global Tactical Asset Allocation/Global Macro Fund

Multi Strategy Fund

Fundamental Index Funds (Global, Japan, Emerging Markets): The Fundamental
Index methodology is a unique approach to portfolio construction, in which
company size, and therefore its index weight, is not made on the basis of
price or valuation, but by fundamental factors; such as cash-flow, book
value, dividend yield and sales

Currency Fund

Commodity Fund

*Joan K. Peugh***

*Rosemont Seneca Partners*

1010 Wisconsin Avenue, NW

Suite 705

Washington, DC 20007

T:(202) 333-1880

F: (202 333-1886

M: (202) 841-8543

[email-masked]