EFTA01015317.pdf

From: J <jeevacation@gmail.com> To: Paul Barrett Subject: Re: Sell - Floating Rate Income Fund Date: Tue, 27 Nov 2018 21:52:28 +0000 Attachments: image005.png; image006.jpg; image002jpg tonne-Images: image002(I).jpg; image006(l).jpg; image005( I ).png sell On Tue, Nov 27, 2018 at 5:15 PM Paul Barrett wrote: Hi Jeffrey Seeing further weakness here. Sure you don't want to sell? NAV has dropped from 9.30 to 9.26. hada Animated lineament Date torrent Vase Total (Sc Reftro Southern Fmaneaa • Fl Fund. DB S3.000.O:O 9,29:17 53.074.727 574.727 214% lint lthti • Fl Fund-DB 51.999.716 1,22/13 52J3.8.344 5318.629 2.90% heretic • Fl Fund. DB 51.499,756 2113/13 51.731.660 5231.822 2.90% TOTAL $6A99.5•2 57.166.740 5663.230 Paul Barrett Alpha Group Capital LLC g. From: Paul Barrett Sent: Tuesday, November 20, 2018 2:40 PM To: 'J' <eev iSgl mail.com> Cc: 'Richard Kahn' Subject: Sell - Floating Rate Income Fund Jeffrey We own 57.195MM of the JPM Floating Rate Income Fund. This is a daily liquidity mutual fund owning floating rate bank loans. I think we should sell. The fund has a mismatch in offering daily liquidity on illiquid loans and I am worried a flood of redemptions could hurt us. And it is very easy to get back in if we so chose. Inn a Annualized lineament Date Correa Valve Total Can Return Southern Pinata • n Fund. DB S3.000.O:O 9,29:17 53.059.009 532.009 2.37% line Trutt- Fl Fund-DB 51.999.716 1,22/13 $2.340.113 5112.730 2.99% /wpm • Fl Fund-DB 51.499.786 2113)13 51339.233 r..39A49 3.00% TOTAL $M99312 $7.03.6119 36$6.1117 EFTA01015317  The fund is down 1.06% since mid-October. Paul Paul Barrett Alpha Group Capital LLC please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by EFTA01015318 return e-mail or by e-mail to jervacation@tgmailsorn, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved st st4 EFTA01015319