No Offer or Solicitation.
This document does not offer to provide investment advice or sell or solicit any offer to buy and securities. Such an offer or solicitation will be made only after extensive meetings with potential investors and by offering materials for ARC PPF fund. The only purpose of this document is to provide general information on ARC and the PPF program it intends to follow.

Forward-Looking Statements.
This document contains forward-looking statements based on ARC’s expectations and projections about the methods by which it expects to invest. Those statements are sometimes indicated by words such as “expects”, “believes”, “will” and similar expressions. In addition, any statements that refer to expectations, projections or characterizations of futures events or circumstances, including any underlying assumptions, are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual returns could differ materially and adversely from those expressed or implied in any forward-looking statements as a result of various factors.

Further Disclosures Regarding Hypothetical Performance Chart.
The above charts are intended to show, in general terms only, the potential payoff from a scenario. It is not intended to be precise and is solely for discussion purposes. An investor may lose all of its investment in an ARC portfolio.

CTFC-Required Disclosure re Hypothetical Performance.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account or fund will or is likely to achieve profits or losses similar to those being shown.