I. Diversified (positions) our core offering II. Concentrated (positions) a subset of the 25 names in the Diversified Portfolio which has had greater volatility and returns since its inception in March, 2004. The Concentrated Portfolio was created for clients who feel they have enough diversification elsewhere and can tolerate slightly higher volatility. Both the Diversified and Concentrated Portfolios are invested in the same fashion: · Initial equal weighted positions (4% target position for the Diversified and 6.66% target position for the Concentrated). · Industry concentration is limited to 20%. · Approximately sector weighting based on highest potential return consistent with prudent diversification, not based on S&P 500 weightings. Integre Advisors 277 Park Avenue, 49th Floor | NY, NY 10172 | 212.838.2300 | info@integreadvisors.com