Fund Facts:

Number of Shares: 1,000,000

Price per share: $50

Minimum Investment: $500 or 10 Shares

Dividend: Quarterly, after the 12-month lock-up period. Following the lock-up period, TREF will distribute dividends on a quarterly basis, based on the profitability of the fund.

Financial Reporting: Quarterly

Net Asset Value Calculation: Annual

Preferred Returns: 8.0%

Fund Fees:  5.5% taken out of initial raise, before 8.0% preferred returns.

Profit sharing:  50% of the amount above 8.0% preferred return.

Broker Dealer: No

Management Company Structure:  LLC