16185 Delivered-To: hbiden@rosemontseneca.com Received: by 10.42.170.136 with SMTP id f8cs207471icz; Tue, 14 Jun 2011 07:05:49 -0700 (PDT) Received: by 10.150.59.15 with SMTP id h15mr7758400yba.73.1308060347706; Tue, 14 Jun 2011 07:05:47 -0700 (PDT) Return-Path: Received: from mail-yw0-f54.google.com (mail-yw0-f54.google.com [209.85.213.54]) by mx.google.com with ESMTPS id p5si13149411ybl.58.2011.06.14.07.05.46 (version=TLSv1/SSLv3 cipher=OTHER); Tue, 14 Jun 2011 07:05:46 -0700 (PDT) Received-SPF: neutral (google.com: 209.85.213.54 is neither permitted nor denied by best guess record for domain of abusch@rosemontseneca.com) client-ip=209.85.213.54; Authentication-Results: mx.google.com; spf=neutral (google.com: 209.85.213.54 is neither permitted nor denied by best guess record for domain of abusch@rosemontseneca.com) smtp.mail=abusch@rosemontseneca.com Received: by ywf7 with SMTP id 7so3759515ywf.13 for ; Tue, 14 Jun 2011 07:05:46 -0700 (PDT) Received: by 10.91.154.1 with SMTP id g1mr7769531ago.104.1308060345783; Tue, 14 Jun 2011 07:05:45 -0700 (PDT) From: Arlene Busch MIME-Version: 1.0 X-Mailer: Microsoft Office Outlook 12.0 Thread-Index: AcwnhBT8hr9l6qRRSkiWmjRsYGa9TADF4Piw Date: Tue, 14 Jun 2011 10:01:56 -0400 Message-ID: Subject: FW: IPM Global Currency Fund - May To: Eric Schwerin , Hunter Biden Cc: Joan Peugh Content-Type: multipart/mixed; boundary=0016e6464dde41582804a5ac8872 --0016e6464dde41582804a5ac8872 Content-Type: multipart/ALTERNATIVE; boundary=0016e6464dde41581f04a5ac8870 --0016e6464dde41581f04a5ac8870 Content-Transfer-Encoding: QUOTED-PRINTABLE Content-Type: TEXT/PLAIN; charset=windows-1252 Arlene Busch 202-333-1880 abusch@rosemontseneca.com *From:* Fund Reports - IPM [mailto:fundreports@ipm.se] *Sent:* Friday, June 10, 2011 11:38 AM *To:* IPM Client Relationship Management *Subject:* IPM Global Currency Fund - May Please find attached May 2011 monthly fund report for the *IPM Global Currency Fund.* * * We are delighted to announce that the IPM Global TAA Fund was awarded the title best =93Macro over $1bn=94 by the magazine HFMWeek on May 26. HFMWeek= =92s European Performance Awards are held annually in London and recognizes the industry=92s best and brightest. Earlier this year IPM was also voted =93Hedge Fund Manager of the Year=94 a= t the Global Pensions Award Ceremony, making this the second time in just a few months that IPM earns major recognition in the European financial sector. If you have any questions, please contact your relationship manager directly. Alternatively, you may respond to this e-mail. Kind regards, Sara Wetterholm Client Services *IPM Informed Portfolio Management*** S/B: +46 8 20 19 29 www.ipm.se P Please consider the environment before printing this e-mail This email and any attached files are confidential and may be legally privileged. If you are not the addressee(s), any disclosure, reproduction, copying, distribution, or use of this communication is strictly prohibited. If you have received this transmission in error please notify the sender immediately and then delete this email. Email transmission cannot be guaranteed to be secure or error free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message, which arise as a result of email transmission. If verification is required please request a hardcopy version= . IPM Informed Portfolio Management AB is authorised and regulated by the Swedish Financial Supervisory Authority. --0016e6464dde41581f04a5ac8870 Content-Transfer-Encoding: QUOTED-PRINTABLE Content-Type: TEXT/HTML; charset=windows-1252

=A0

=A0

Arlene = Busch

202-333-1880

abusch@ros= emontseneca.com

=A0

From: Fund Reports - IPM [mailto:fundreports@ipm.se]
Sent: Friday, June 10, 2011 11:38 AM
To: IPM Client Relati= onship Management
Subject: IPM Global Currency Fund - May<= /p>

=A0

Please find attached May 2011 monthly fund report for the IPM Glob= al Currency Fund.

=A0

We are delighted to announce that the IPM G= lobal TAA Fund was awarded the title best =93Macro over $1bn=94 by the maga= zine HFMWeek on May 26. HFMWeek=92s European Performance Awards are held an= nually in London and recognizes the industry=92s best and brightest.=

=A0

Earlier this year IPM was also voted =93Hedge Fund Manager of th= e Year=94 at the Global Pensions Award Ceremony, making this the second tim= e in just a few months that IPM earns major recognition in the European fin= ancial sector.

=A0

If you have any questions, please contact your rel= ationship manager directly.

=A0

Alternatively, you may respond to this e-mail.

=A0

=A0

Kind regards,

=A0

Sara Wetterholm


Client Services

IPM Informed = Portfolio Management

S/B:=A0 +46 8= 20 19 29

www.ipm.se<= /span>

P Please c= onsider the environment before printing this e-mail

This email = and any attached files are confidential and may be legally privileged. If y= ou are not the addressee(s), any disclosure, reproduction, copying, distrib= ution, or use of this communication is strictly prohibited. If you have rec= eived this transmission in error please notify the sender immediately and t= hen delete this email. Email transmission cannot be guaranteed to be secure= or error free as information could be intercepted, corrupted, lost, destro= yed, arrive late=A0or incomplete, or contain viruses.=A0 The sender therefo= re does not accept liability for any errors or omissions in the contents of= this message, which arise as a result of email transmission. If verificati= on is required please request a hardcopy version. IPM Informed Portfolio Ma= nagement AB is authorised and regulated by the Swedish Financial Supervisor= y Authority.

=A0=

=A0

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