The beginning balance of Short Portfolio 33H is the ending balance of Short Portfolio 33G as of September 14, 2012.

The beginning balance of Short Portfolio 33G is the ending balance of Short Portfolio 33F as of September 7, 2012.

The beginning balance of Short Portfolio 33F is the ending balance of Short Portfolio 33E as of August 31, 2012.

The beginning balance of Short Portfolio 33E is the ending balance of Short Portfolio 33D as of August 17, 2012.

The beginning balance of Short Portfolio 33D is the ending balance of Short Portfolio 33C as of August 10, 2012.

The beginning balance of Short Portfolio 33C is the ending balance of Short Portfolio 33B as of July 27, 2012.

The beginning balance of Short Portfolio 33B is the ending balance of Short Portfolio 33A as of July 13, 2012.

The beginning balance of Short Portfolio 33A is 30% of the fund equity as of June 29, 2012.