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The SGI Alternative Beta Index began publishing on April 4, 2007. Therefore, all data for the Index for the period prior to April 4, 2007 represent Standard & Poor’s ("S&P's") application of the Index methodology in order to reconstruct hypothetical historic data. This hypothetical data is based on the assumption that the Target Index Benchmark and the Components in effect as of April 4, 2007 remained in effect for the entire historical period. As the Index Committee has the discretion to change both the Target Index Benchmark and the Components, this may not have been the case had the Index actually been in existence during this period, and therefore, the results for the period prior to April 4, 2007 may have been different had the Index actually been in existence. The SGI Alternative Beta Index (the “Index”) is the property of SG, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to maintain and calculate the Index. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices Custom” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been sublicensed for certain purposes by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates shall be liable for any errors or omissions in calculating the Index. The Index is based on a complex algorithm and may not successfully replicate the performance of the hedge fund industry or the investable portion of the hedge fund industry as applicable. Structured Products linked to the SGI Alternative Beta Index is only being offered and sold in the United States to persons who are "Qualified Purchasers", as defined under the Investment Company Act of 1940 (as amended).