At Pentagram Investment Partners, we know that maintaining the privacy of your personal information is a fundamental part of the relationship of trust and confidence between us. In accordance with recent Federal law and regulation, we are now required to advise you of our policies and practices in regard to safeguarding that information.

We “collect” the following “nonpublic personal information” about you:

• Information that you have furnished to us to enable us to provide you with our services; and
• Information that we receive from third parties (such as brokers, dealers, custodians or other service-providers) in carrying out transactions for your account.

We do not solicit information from credit-reporting agencies or the like in regard to our clients.

“Nonpublic personal information” means personally identifiable financial information and, in general terms, lists, descriptions and groupings derived from such information. The information that we “collect” from the sources mentioned above is organized in retrievable form in servicing your account and administering our business.

We do not disclose any nonpublic personal information about you to any third parties except as permitted by law. Such legally permissible disclosures include information that we will provide, at your direction, to your attorney, accountant or other designated person or entity; the limited information that we provide to brokers, dealers and custodians in order to service transactions for your account; information that we may provide to printers, copying firms, data-processing firms, storage firms or other service entities in the appropriate conduct of our business; as well as legally-mandated disclosures to regulatory bodies, courts, investigative agencies and other categories of parties specified in the applicable law and regulation. Upon your request we will provide you with the full text of the regulation specifying permissible disclosures to third parties.

Within our Company we limit access to your nonpublic personal information to those officers and staff members who require such access in order to service your account. We also maintain physical, electronic and other procedural safeguards to preserve the privacy of your nonpublic personal information. If you terminate your relationship with us, we will nevertheless continue to maintain the confidentiality of your nonpublic personal information in accordance with our privacy policies and practices as described in this notice.

Disclaimer: This web-site is for informational purposes only. This web-site is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Nothing on this web-site should be interpreted to state or imply that past results are an indication of future performance.

©2008 Pentagram Investment Partners, L.L.C.