SOMA EQUITY PARTNERS LP

SoMa provides discretionary investment advice to the Funds reported on its Form ADV 1A, Section 7.B.(1). The Funds primarily invest in publicly traded equity securities of technology, media, and telecommunications-related companies. However, SoMa has the authority to invest the Funds’ assets in other sectors and various investment transactions, including swaps, options, derivatives, private securities, non-U.S. securities, bonds, notes, bills, participating and convertible debt instruments, units, and ETFs. SoMa aims to generate compound gross returns exceeding market averages by utilizing its investment team’s experience in the technology, media, and telecommunications sectors. They believe a longer-term investment approach, compared to the stock market's short-term fluctuations, provides significant opportunities to achieve their targeted returns. Additionally, by managing a 'short' portfolio alongside core investment holdings for some Funds, they seek to reduce volatility and increase absolute returns over time.

SoMa has broad discretion in making investments for its advisory clients. It seeks to generate compound gross returns exceeding market averages by leveraging its investment team’s experience in the technology, media, and telecommunications (TMT) sectors. SoMa believes a longer-term investment approach, relative to short-term market fluctuations, creates opportunities to achieve its targeted returns. Additionally, managing a ‘short’ portfolio alongside core investment holdings aims to mitigate volatility and increase absolute returns over time. SoMa's investment strategies are general and not exhaustive, with no limits on the types of securities, positions, investment concentration, or leverage used. SoMa may employ any trading or investment techniques, whether or not contemplated by its expected strategies. Investment strategy descriptions are limited due to complexity, confidentiality, and indefinite nature. Depending on market conditions and the economy, SoMa may pursue any objectives or use any techniques it considers appropriate and in clients’ interest.

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