THE FUTURE of INVESTING Superfund – Key Facts

Superfund THE FUTURE OF INVESTING Superfund – key facts

Founded in 1995

Based in Vienna with offices in America, Europe and Asia

Fully automatic, proprietary trading systems: - Managed-Futures-Strategy (Green) - Equity Market Neutral Strategy (Blue) - Short-term Strategies (Red)

Christian Baha Founder and Owner

For Intermediary Use Only & Not For Public Distribution Superfund Worldwide

Frankfurt Warsaw

Amsterdam

Vienna Tokyo

Chicago Luxembourg Zurich Hong Kong

Grenada

Montevideo

For Intermediary Use Only & Not For Public Distribution For Intermediary Use Only & Not For Public Distribu Public IntermediaryFor For Use &Not Only Regulatory AuthoritiesRegulatory

EUROPE ASIA AMERICAS Switzerland Financial Financial Services Securities Securities and Federal Federal Banking Commission Financial Financial Market Exchange Exchange Commission Japan uti Germany Austria Agency Authority Regulatory Regulatory Authority Supervisory Supervisory Authority Financial Industry HongKong Financial Financial Market Federal Financial Federal Financial Securities Securities and Commission Germany Poland Authority Futures Futures USA National National Futures Luxembourg Supervisory Commission Supervisory Commission Association Netherlands Financial Financial Market of the Financial of the SectorFinancial Authority tion Commodity Commodity Futures Commission Trading Trading Major Partners

Custodian Banks & Administrators

Auditors

Brokers / Futures Commission Merchants

Legal Counsels

Kindel & Kindel, Wien

For Intermediary Use Only & Not For Public Distribution Superfund Green – QA Managed Futures Fund since 1996

Superfund Green Q-AG +617%

MAN AHL Div. Futures +287%

From: Beginning of 6/1998 Superfund Green Q-AG MAN AHL Div. Futures Ltd. (USD) To: End of 6/2008 Return Total performance 617 287.08 Return p.a. 21.55 14.35 Risk Maximum drawdown -19.93 -17.37 Volatility p.a. 23.91 15.18 Correlation 1 0.74 From: 5/29/1998 5/29/1998 To: 6/30/2008 6/30/2008 (Closed Fund) Source: TeleTrader, Superfund; time period (for each): 06/1998 – 06/2008. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown.

For Intermediary Use Only & Not For Public Distribution The Best Performing Strategy in 2008

Superfund Green Q-AG (Managed Futures) +35.4 %

Christina Baha, CEO and Founder of Superfund Group Source: Alpha Magazine Top 25 Hedge Fund Managers in 2008 AUM ~1.65 billion USD

For Intermediary Use Only & Not For Public Distribution Transformers: Dark of the Moon (2011)

Shia LaBeouf, Christian Baha ; Wall Street: Money Never Sleeps ; NYC Premiere, Sept. 20, 2010

Wall Street: Money Never Christian Baha, Warren Buffet; Wall Street: Money Sleeps (2010) Never Sleeps; NYC Premiere, Sept. 20, 2010 For Intermediary Use Only & Not For Public Distribution Superfund – Strategies

Superfund Trading Strategies

Superfund Green Superfund Blue Superfund Red

Managed Futures Strategy Equity Market Strategy Short-term Strategies

Fully systematic strategy Fully systematic strategy various short-term systems and forecast models Trend following approach equity market neutral (stocks long & short) 60 financial and commodity 150 financial- and markets (futures) commodity markets 2,500 global stocks Holding period: 1-10 days Holding period: up to 12 m. Holding period: some days

For Intermediary Use Only & Not For Public Distribution Superfund Blue Equity Market Neutral Strategy

Best of its class * 36-month period (09/2012) 36-month period (06/2012) 36-month period (03/2012) 36-month period (12/2011) 1-month period (01/2012)

* BarclayHedge – Recognition Award for Excellence #1 for Superfund Blue SPC Class A (Gold), Net Return – Sector Equity Long/Short; Source: BarclayHedge. Superfund Blue – Equity Market Neutral Strategy

A proprietary, automated trading strategy where the computer act as the fund manager

Investing exclusively in highly liquid stocks on the world’s largest stock exchanges, mainly Europe, Asia and America

A robust system chooses those stocks which have the highest statistical probability of outperforming the overall stock market

For Intermediary Use Only & Not For Public Distribution Portfolio construction: Superfund Blue – Market Equity Neutral Diversification across sectors and markets

Year 2014* Sectors Allocation Basic Materials 6.7% B European American Communications 10.7% Stock Markets Stock Consumer, Cyclical 18.1% Markets Consumer, Non-cyclical 15.2% L

Energy 4.4% Financial 16.9% U Industrial 15.5% Technology 11.0% Utilities 1.4% E Asia Diversified 0.1% Stock Other Markets Stock Markets 100%

* Yearly Average. Source: Superfund

For Intermediary Use Only & Not For Public Distribution How does Superfund Blue different from other equity funds ?

A traditional long only equity fund

Benchmark

Even the best diversified equity fund CANNOT protect against a market crash or a sustained bear market

For Intermediary Use Only & Not For Public Distribution Market Equity Neutral - Profit from rising and falling markets

CISDM Equity Market Neutral Index + 129% Defensive 1 2 Return Hang Seng Index + 36%

S&P 500 + 30%

From: Beginning of 1/2000 To: End CISDM Equity Market S&P 500 (Index) Hang Seng (Index) of 5/2014 Neutral Index

Return Total performance 129.75 30.92 36.08 Return p.a. 5.94 1.89 2.16 Risk Maximum drawdown -2.79 -52.56 -59.14 Volatility p.a. 3 Risk 2.08 15.48 21.80 Correlation 1 0.44 0.54 From: 12/31/1999 12/31/1999 12/30/1999 To: 5/31/2014 5/30/2014 5/30/2014

Source: TeleTrader, Superfund; time period (for each): 01/2000–05/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown.

For Intermediary Use Only & Not For Public Distribution Superfund Blue SPC Class A (EUR) ― Trading Philosophy

Outperformance of the selected stocks over the general market

Buying of Stocks „LONG“ Hedging: Equity Index Futures „SHORT“

Difference = Performance

For Intermediary Use Only & Not For Public Distribution Superfund Blue profit from any market environment – an illustration

Tencent +16%

+13%

HSI +3%

Source: https://hk.finance.yahoo.com Returns in rising markets Both Tencent and Hang Seng Index are rising. Since Tencent (+16%) outperforms the overall market (+3%= 3% loss of the equity index future), a net profit of +13% is realized (Outperformance)

For Intermediary Use Only & Not For Public Distribution Superfund Blue profit from any market environment – an illustration

Hang Seng Bank -2.2%

+3.8% HSI -6%

Source: https://hk.finance.yahoo.com Returns in falling markets The single stock and Hang Seng Index are both falling. Since Hang Seng Bank falls less (-2.2%) than the overall market (-6% = +3.8% gain of the equity index future), a net profit +3.8% is realized (Outperformance).

For Intermediary Use Only & Not For Public Distribution Trading strategy Superfund Blue SPC Class A (EUR)

Basket of pre-selected stocks 1

approx. 2,500 Global Stocks1 1 Fully Automated Trading Systems Quantity Analysis

Stocks with High Relative Strength

Order of Selected Stocks 1 (LONG) Hedging Strategy (SHORT)

Holding Period: Several Days Selling Equity Index Futures

Equity Market Neutral Portfolio S u p e r f u n d B l u e

Return Potential in Rising, Sideways and Falling Markets

Actual short list may vary. 1) The Superfund Blue strategy may not involve the direct purchase and sale of equity securities, but rather may trade synthetically through total return swaps on such securities. For Intermediary Use Only & Not For Public Distribution Superfund Blue SPC Class A (EUR) ― Trading Philosophy

Trading philosophy: Detecting of Outperformance Technical „Stock Picking“

All 30 shares of Dow Jones All 30 shares of Dow Jones

For Intermediary Use Only & Not For Public Distribution Superfund Blue – Equity returns with low volatility

Superfund Blue + 19% in 2008 Hang Seng Index + 71% Superfund Blue + 55.3% MSCI World + 51%

Superfund Blue SPC Class A From: Beginning of 4/2005 To: End of Hang Seng (Index) MSCI World (Index) 6/2014 (EUR) Superfund Blue : Return Total performance 55.3 71.57 51.45 Return p.a. 4.87 6.01 4.59 Better risk adjusted Risk Maximum drawdown -14.63 -59.14 -55.37 performance Volatility p.a. 8.74 22.12 16.47 (Sharpe Ratio) Correlation 1 -0.12 -0.11 Sharpe Ratio (%) 0.56 0.27 0.28 From: 4/1/2005 3/31/2005 3/31/2005 To: 6/30/2014 6/30/2014 6/30/2014

Source: TeleTrader, Superfund; time period (for each): 04/2005–06/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown. For Intermediary Use Only & Not For Public Distribution Superfund Blue – Equity Market Neutral Strategy Performance during bullish equity market conditions

Superfund Blue + 21.1%

MAN AHL – 3.9%

From: Beginning of 8/2012 Superfund Blue SPC Class A (EUR) MAN AHL Div. Futures Ltd. (USD) To: End of 6/2014 Return Total performance 21.14 -3.96 Return p.a. 10.53 -2.09 Risk Maximum drawdown -5.47 -19.04 Volatility p.a. 6.61 12.60 Statistics Sharpe Ratio (0%) 1.59 -0.17 Correlation 1 -0.34 From: 7/31/2012 7/31/2012 To: 6/30/2014 6/30/2014

Source: TeleTrader, Superfund; time period (for each): 08/2012–06/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown. For Intermediary Use Only & Not For Public Distribution Superfund Blue SPC Class A (EUR) ― Risk / Return Matrix

Return p.a.

10%

DAX 30

MSCI World (Gross) S&P 500

Superfund Blue SPC Hang Seng 5%

ASX 200 Nikkei 225

Euro Stoxx 50 0% 7% 12% 17% 22% Period: Mar 2005 - Apr 2014 Risk (Volatility p.a.)

Source: TeleTrader

For Intermediary Use Only & Not For Public Distribution Rolling 24 months , 70% positive returns

Source: TeleTrader, Superfund; time period (for each): 05/2005–04/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown.

For Intermediary Use Only & Not For Public Distribution Rolling 36 months , 85% positive returns

For Intermediary Use Only & Not For Public Distribution Rolling 48 months , 97% positive returns

Source: TeleTrader, Superfund; time period (for each): 05/2007–04/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown.

For Intermediary Use Only & Not For Public Distribution Rolling 60 months , 100% positive returns

Source: TeleTrader, Superfund; time period (for each): 05/2007–06/2014. Past performance is not a reliable indicator of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown.

For Intermediary Use Only & Not For Public Distribution Superfund Blue SPC Class A (EUR) ― Trading Strategy

Fully systematic technical analysis based stock selection Allocation

Strives to provide consistent returns in rising and falling B B European American stock markets Stock Markets Stock Markets L L Neutralizes exposure to general market by adopting equal amounts of long and short equity positions U U Invests in highly liquid stocks only listed on major stock exchanges and uses corresponding equity index futures E E Asia Stock Other Low correlation with other traditional investment strategies Markets Stock Markets which are based on fundamental approach

For Intermediary Use Only & Not For Public Distribution A rigorous approach to risk control

Utilizes strong 4 days momentum up moves in stocks Technical stock picking

Invests on average in 80 – 100 stocks B Trade duration intraday to several days L Liquidity requirements for stocks: 5 Mio USD avg. daily trading volume U Exposure limits for single stock investments: 10 % of total fund volume E

Average typical position size approximately 2 % The strategy enters typically several thousand trades per year

For Intermediary Use Only & Not For Public Distribution Superfund Blue SPC Class A (EUR) ― Correlations

Period: Mar 2005 - May 2014 A BC D E FG H I

A) Superfund Blue SPC Class A 1

B) CASAM Eq. Market Neutr. 0.00 1

C) Rex Performance 0.01 -0.38 1

D) DAX INDEX -0.07 0.57 -0.44 1

E) MSCI TR Gross World USD -0.11 0.62 -0.43 0.86 1

F) S&P 500 Total Return -0.08 0.54 -0.40 0.85 0.97 1

G) EURO STOXX 50 -0.15 0.56 -0.44 0.93 0.90 0.86 1

H) Nikkei 225 -0.15 0.44 -0.39 0.700.74 0.69 0.69 1

I) Hang Seng -0.12 0.61 -0.28 0.70 0.80 0.720.71 0.61 1

Source: TeleTrader

For Intermediary Use Only & Not For Public Distribution Disclaimer

For internal use only and is not intended to be distributed to investors. This presentation does not constitute either investment advice or an offer or an invitation to offer to acquire, dispose of, subscribe for or underwrite any of the securities described herein. Any such offer or solicitation will be made only by means of the Private Offering Memorandum. Please read the offering document for further details before investing. All information and data contained herein was obtained through careful evaluation of information provided by reliable internal and external sources. However Superfund Financial (Hong Kong) Limited or any other members of the Superfund group of investment companies cannot guarantee the complete validity and accuracy of all figures as well as the illustrated graphs/diagrams. To the extent that this presentation discusses the risks of investment and the features of particular investment products, no representation or warranty is made as to the completeness of this discussion. Any investment decision should only be made after consulting appropriate professional advisers. Superfund Financial (Hong Kong) Limited or any members of the Superfund group of investment companies and its officers, employees and agents shall not be liable for any loss or damage arising out of any person’s reliance on this presentation material. Investment involves risk. Past performance is not indicative of future results. In Hong Kong, funds managed by members of the Superfund group of investment companies are not authorized by the Securities and Futures Commission. Only professional investors and specified persons pursuant to the Securities and Futures Ordinance are eligible to apply for shares of such funds.

For Intermediary Use Only & Not For Public Distribution Disclaimer

The Superfund group of investment companies is a consortium of affiliated entities that collectively provide the management, trading advisory, sales and marketing services for the managed futures funds that utilize the same Superfund brand systematic trend following strategy (collectively referred to as the “Superfund Group”). This material constitutes neither an offer to sell nor a solicitation to invest. Such an offer or solicitation will be made only in those jurisdictions where permitted by law and will be preceded or accompanied by a current prospectus and such other offering documents as may be required. This information has been prepared without taking into account anyone’s objectives, financial situation or needs so before acting on it consider its appropriateness to your circumstances. Past performance is not an indicator of future performance. This brochure contains information about funds and other investment products and services which are not intended for or available to certain investors in certain jurisdictions. This document is strictly not intended for circulation to U.S. investors. The performance results reported in this brochure are reported net of fees and expenses, with the exception of subscription and redemption fees (if any). Prospective investors should take appropriate investment advice and inform themselves as to the legal requirements, exchange control regulations and taxes in their countries of citizenship, residence or domicile. Subscriptions to Superfund funds are to be made solely on the terms of the relevant prospectus and/or offering documents and no reliance should be made on the information contained herein. All investment funds managed or distributed by members of the Superfund group of affiliated investment companies are speculative investments. Futures trading is leveraged and speculative and subject to sudden and large losses in value, therefore investors must be prepared to lose all or substantially all of their investment. Special Risk Considerations for Investments in Superfund Blue SPC Class A (EUR) and (Gold): Superfund Blue SPC Class A (EUR) and Class A (Gold) may not involve the direct purchase and sale of equity securities, but rather may trade synthetically through total return swaps on such securities utilizing a leverage of up to four times of the funds assets. Swap investments through a prime broker bear the issuer risk of the respective broker. Superfund funds may be subject to certain conflicts of interests. Please refer to the applicable prospectus or offering documents for further details of the risks, fees, and expenses involved in connection with an investment in any particular Superfund fund. In addition to the trading results of the Superfund Blue trading strategy, the value of shares of Superfund Blue Gold will be directly affected by movements in the U.S. dollar price of gold. This means that during times when a full hedge is implemented a 5% increase in the USD gold price will result in a 5% increase in the Net Asset Value (NAV) of your Superfund Blue Gold investment; conversely, a 5% decrease in the USD gold price will result in a 5% decrease in NAV. If general trading restrictions of the offering documents make it impossible to fully hedge the assets of Superfund Blue Gold against the gold price, then the gold hedge position will be held as close as possible to the desired full hedge, without blocking assets that are necessary for the generally applied Superfund Blue trading strategy, which will always retain priority within the trading process. NO GUARANTEE CAN BE GIVEN THAT THE TOTAL INVESTMENT PROCEEDS OF SUPERFUND BLUE GOLD ARE ALWAYS FULLY HEDGED TO THE CURRENT GOLD PRICE. Since the price of gold may fluctuate substantially over short periods of time, Superfund Blue Gold may be more volatile than other types of investments. A decrease in the USD price of futures and forwards linked to gold, due to these risk factors or other potential factors that may directly affect the price of gold, will have a direct effect on the NAV of Superfund Blue Gold. DEPRECIATION OF THE GOLD PRICE WILL DIRECTLY DECREASE THE NET ASSET VALUE (IN USD AND OTHER CURRENCIES) OF SUPERFUND BLUE GOLD. Although the information in this communication is believed to be correct, no representation or warranty is given as to the accuracy of any of the information provided and no Superfund entity or their agents assumes any liability or responsibility for the information provided. Estimations are based on opinions at the time of analysis. Changes of these estimations are not required to be published. Any liability for possible mistakes is hereby expressly disclaimed and excluded.

For Intermediary Use Only & Not For Public Distribution