IFUND PORTFOLIO OF FUNDS FOR THE RISK AVERSE AND YIELD SEEKING

1. GLENCOE, IL (CHICAGO) 60022
Email: info@east-westadvisors.com
www.East-WestAdvisors.com
Phone: 847-786-4697
This brochure makes reference to certain funds (“Fund(s)”) operated by East West Advisors LLC (“EWA”) having a principal
protection feature designed to protect against trading losses. Generally speaking, the principal protection feature involves the
Funds purchasing investment grade bonds at a discount using approximately 70% of the Funds’ assets, with the remaining
assets being used to trade commodity interests (the “Futures Portfolio”). It is anticipated that the value of the bonds at maturity
for each Fund will be sufficient to cover any potential loss of investors’ assets invested in the Futures Portfolio. However, in the
event of default of any or all of the bonds purchased by a Fund, the Fund’s principal protection feature may not be sufficient to
cover the entire loss of investors’ assets invested in the Futures Portfolio. In addition, in the event of default of any or all of the
bonds purchased by a Fund, the investors’ losses could involve a loss of some or all of the bonds used to provide principal
protection. Risk Disclosure: You should carefully consider whether your financial condition permits you to participate in
a Fund, which invest in commodity interests. You should be aware that commodity interest trading can quickly lead to
large losses as well as gains. Such trading losses can sharply reduce the net asset value of a Fund and consequently
the value of your interest in a Fund. In addition, restrictions on redemptions may affect your ability to withdraw your
participation in a Fund. Further, the Funds may be subject to substantial charges for management, advisory and
brokerage fees. It may be necessary for those pools that are subject to these charges to make substantial trading
profits to avoid depletion or exhaustion of their assets. This material is being provided for information and discussion
purposes only and is qualified in its entirety by the information included in each Fund’s the offering documents and
supplements (collectively, the “Memorandum”). Any offer or solicitation of the Funds may be made only by delivery
of the Memorandum. Before making any investment in a Fund, you should thoroughly review the Memorandum
with your professional advisor(s) to determine whether the Fund are suitable for you in light of your investment
objectives and financial situation. The Memorandum contains important information concerning risk factors,
including a more comprehensive description of the risks and other material aspects of an investment in a
Fund, and should be read carefully before any decision to invest is made.
• Client Focus:
Through our structure, our interests are directly aligned with those of our Clients.
• Emphasis on Customer Service:
Real people available, not a computer, to service the needs of our clients.
• Third Party Administrator (TPA):
To validate and produce monthly accounting for all investors in order to create transparency and fully disclose
the precise performance on a monthly basis.
• Market Access:
To identify and secure desirable investments through the combined resources of our in-house team and our
longstanding relationships with select partners.
• Market Execution:
Specialized capabilities in complex transactions and asset management.
• Disciplined Risk Management:
Achieved through our Risk & Quantitative Analysis team who work closely with other investment and
economic professionals to monitor and manage risk.
KEY PRINCIPLES OF
©
©
IFUND PRINCIPAL
PROTECTED FUNDS©
NON-CORRELATED DIVERSIFICATION
UNCAPPED GROWTH POTENTIAL*
IRA & 401K APPROVED
NO SURRENDER CHARGES
PRINCIPAL PROTECTED
IFUND PORTFOLIO OF FUNDS FOR THE RISK AVERSE AND YIELD SEEKING
*THE IFUNDS’ FUTURES PORTFOLIOS ARE NOT SUBJECT TO MATURITY DATES,AND THUS MAY CONTINUE TO
APPRECIATE IN VALUE BEYOND THE MATURITY DATES OF THE PRINCIPAL PROTECTION COMPONENTS OF THE IFUNDS.
©
78970 ifund cs6 ltr final.indd Spread 1 of 2 - Pages(04, 01)78970 ifund cs6 ltr final.indd Spread 1 of 2 - Pages(04, 01) 4/11/16 2:32 PM4/11/16 2:32 PM

2. CAPITALIZE
ON A CHANGING WORLD
East West Advisors created a family of hybrid multi-market
principal protected investment funds.
These funds are laser focused on providing non-correlated,
balanced portfolios, which aim to limit correlation between asset
classes and ultimately reduce unnecessary exposure to risk. The
iFund Principal Protected Funds structure allows for portfolio
planning that traditional financial advisors aren’t able to create
and provide.
Both proprietary and third party research and analytical tools
are utilized, as well as deep market knowledge, to identify
opportunities.
PRINCIPAL PROTECTED INVESTMENTS
The iFund portfolio of funds are designed to protect against
loss by utilizing Investment Grade Bonds.
We believe you’ll view these investments as the safest possible
way to not only preserve your wealth, but to ultimately grow it.
These Hybrid Principal Protected investment vehicles have
several additional advantages over other commonly offered
investments, such as:
POTENTIAL SOLUTIONS
FUTURES AND OPTIONS TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS.
YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
The principal protection feature may include high yield
investment grade debt instruments that mature at face value at
a future date, typically 5 to 10 years from the date of purchase
of the instruments, and provide coupon payments and interest
income. Investors will need to maintain their investment to
coincide with the typical maturity dates of the investment grade
debt instruments to recognize the full benefits of the principal
protected feature.
INVESTMENT & RETIREMENT SOLUTIONS
We believe successful investing, and ultimately successful
retirement, is the result of sustaining a strategic advantage via a
proper balance of active and passive investment management.
Equally important is a thorough approach to risk management,
through a focus on non-correlated portfolio construction and
exposure to proper sectors, markets, and asset classes.
• No lock-ups
• No surrender charges
• Uncapped Multi-Market gains*
• IRA approved for tax deferred growth
• Principal Protection provided by
Investment Grade Bonds
• Potential for gains in excess of
the S&P 500 and DOW with
protection against loss
© • Principal Protected Hybrid
• Strong Growth Potential
• Monthly Liquidity
• Niche Sectors & Markets
• Investment Grade Bonds
• Private Client Services
• Tax Deferred Strategies
• Professional Management
• Incentive Based Strategies
• Unique Strategies
*The iFunds’ Futures Portfolios are not subject to maturity dates,
and thus may continue to appreciate in value beyond the maturity
dates of the principal protection components of the iFunds.
02
If you were to craft the perfect Investment, you would probably
want its attributes to include high returns coupled with low
risk. Not surprisingly, people spend a lot of time developing
methods and strategies that come close to the “perfect
investment”. But none is as popular, or as compelling, as the
Modern Portfolio Theory (MPT). Here we look at the basic
ideas behind the MPT and how it affects and should ultimately
guide the management of your portfolio.
As one of the most important and influential economic theories
dealing with finance and investment, the MPT was developed
by Harry Markowitz and published under the title “Portfolio
Selection” in the Journal of Finance. In 1990, he won the Nobel
prize for what has become the frame upon which institutions
and savvy investors construct their portfolios.
In his article, “Portfolio Selection”, Markowitz described how
to combine assets into efficiently diversified portfolios. He
demonstrated that investors failed to account correctly
for the high correlation among security returns. It was
his position that a portfolio’s risk could be reduced and
the expected rate of return increased, when assets with
dissimilar price movements were combined. Holding
securities that tend to move in concert with each other
does not lower your risk. He concluded, “Diversification
alone does not reduce risk unless assets are combined
whose prices move inversely, or at different times, in
relation to each other.”
Dr. Markowitz was among the first to quantify risk and
demonstrate how and why non-correlation can work to reduce
risk and increase returns for investors.
Proper diversification amongst non-correlated asset classes
reduces volatility more efficiently than most people understand:
The volatility of a properly diversified portfolio is less than the
average of the volatilities of its component parts.
While the technical underpinnings of the MPT are complex and
drawn from financial economics, its conclusion is simple and
easy to understand: a diversified portfolio, of non-correlated
asset classes, can provide the highest returns with the least
amount of volatility.
Many investors are under the delusion that their portfolios
are diversified if they are in stocks, mutual funds, ETFs, bond
funds, and commodity funds. However, these investment
vehicles may be invested in the same asset class and may
generally move in concert with each other. When the stock
market bubble burst, this was made painfully clear. Proper
diversification according to the MPT is in different asset
classes that move independently of one another.
The brochure makes reference to managed futures. Please
note that while managed futures may enhance returns and
reduce risk, managed futures may have the opposite effect
on a portfolio and, in fact, may result in losses in a portfolio.
Further, studies conducted of managed futures as a whole may
not be indicative of the performance of any individual money
manager. In addition, studies conducted of managed futures
as a whole may rely on managed futures indices to measure
the performance of managed
futures as an asset class;
however, such indices do not
represent the entire universe of
all money managers. Moreover,
investors cannot invest in an
index itself, and the actual rates
of return of money managers
within an index may be
significantly different and more
volatile than those of the index.
The following chart is only an example of the depth and breath of how
an allocation to exchange traded futures can provide exposure to non-
correlated global markets and asset classes.
THE IFUND PHILOSOPHY
MARKET COMPONENTS OF THE IFUNDS
• Equities - S&P 500, Nasdaq, Russell 2000
• Interest Rates - T Bonds, T Notes
• Metals - Gold, Silver, Platinum, Copper
• Energies - Crude Oil, Natural Gas, RBOB Gas
• Currencies - GBP, JPY, EUR, AUD, CAD, $ Index
• Commodities - Corn, Wheat, Cotton, Sugar, Soy Beans, Soy Bean Oil, Soy Bean Meal
PRINCIPAL PROTECTION
COMPONENTS OF THE IFUNDS
• INVESTMENT GRADE BOND PORTFOLIO
• PROVIDES PROTECTION FOR
ENTIRE INVESTMENT
HIGHLY EXPERIENCED TEAM
Our team has decades of experience
in helping individuals, families, family
offices and companies achieve their
investment objectives and wealth
preservation.
FUTURES AND OPTIONS TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS.
YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
FX (4%)
Aystralian Dollar
Brazilian Real
British Pound
Canadian Dollar
Chinese Renminbi
Euro FX
Japanese Yen
Korean Won
Mexican Peso
New Zealand Dollar
Swiss Franc
Metals (4%)
Copper
Palladium
Platinum
Energy (6%)
Ethanol
Crude Oil
Natural Gas
Commodities (9%)
Corn
Oat
Soybean
Wheat
Rough Rice
Random Length Lumber
Wood Pulp
Butter
Frozen Pork Bellies
Lean Hogs
S&P-GSCI
Livestock
Interest Rates (44%)
Individual Equity (9%)
Equities (24%)
1-Month LIBOR
30-Day Fedral Funds
Eurodollar
Euroyen
10-Year U.S. Treasury Note
10-Year U.S. Treasury Bond
CME 10-Year Swap Rate Futures
Deutsche Telekom
Allianz
SAP
Deutsche Bank
Munchener Ruckversicherung
Banco Comercial Portugues Stock Futures
Brisa Autoestradas de Portugal Futures
Bovespa
CAC 40
Dax
Dow
euro stoxx50
Hang Seng
MSCI EAFE
MSCI Emerging Markets
S&P MidCap 400
S&P 500
S&P SmallCap 600
DIVERSIFICATION OF FUTURES MARKETS
The above list is only a partial list of the futures products currently available around the world. Source: FIA 2007
03
78970 ifund cs6 ltr final.indd Spread 2 of 2 - Pages(02, 03)78970 ifund cs6 ltr final.indd Spread 2 of 2 - Pages(02, 03) 4/11/16 2:32 PM4/11/16 2:32 PM

3. CAPITALIZE
ON A CHANGING WORLD
East West Advisors created a family of hybrid multi-market
principal protected investment funds.
These funds are laser focused on providing non-correlated,
balanced portfolios, which aim to limit correlation between asset
classes and ultimately reduce unnecessary exposure to risk. The
iFund Principal Protected Funds structure allows for portfolio
planning that traditional financial advisors aren’t able to create
and provide.
Both proprietary and third party research and analytical tools
are utilized, as well as deep market knowledge, to identify
opportunities.
PRINCIPAL PROTECTED INVESTMENTS
The iFund portfolio of funds are designed to protect against
loss by utilizing Investment Grade Bonds.
We believe you’ll view these investments as the safest possible
way to not only preserve your wealth, but to ultimately grow it.
These Hybrid Principal Protected investment vehicles have
several additional advantages over other commonly offered
investments, such as:
POTENTIAL SOLUTIONS
FUTURES AND OPTIONS TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS.
YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
The principal protection feature may include high yield
investment grade debt instruments that mature at face value at
a future date, typically 5 to 10 years from the date of purchase
of the instruments, and provide coupon payments and interest
income. Investors will need to maintain their investment to
coincide with the typical maturity dates of the investment grade
debt instruments to recognize the full benefits of the principal
protected feature.
INVESTMENT & RETIREMENT SOLUTIONS
We believe successful investing, and ultimately successful
retirement, is the result of sustaining a strategic advantage via a
proper balance of active and passive investment management.
Equally important is a thorough approach to risk management,
through a focus on non-correlated portfolio construction and
exposure to proper sectors, markets, and asset classes.
• No lock-ups
• No surrender charges
• Uncapped Multi-Market gains*
• IRA approved for tax deferred growth
• Principal Protection provided by
Investment Grade Bonds
• Potential for gains in excess of
the S&P 500 and DOW with
protection against loss
© • Principal Protected Hybrid
• Strong Growth Potential
• Monthly Liquidity
• Niche Sectors & Markets
• Investment Grade Bonds
• Private Client Services
• Tax Deferred Strategies
• Professional Management
• Incentive Based Strategies
• Unique Strategies
*The iFunds’ Futures Portfolios are not subject to maturity dates,
and thus may continue to appreciate in value beyond the maturity
dates of the principal protection components of the iFunds.
02
If you were to craft the perfect Investment, you would probably
want its attributes to include high returns coupled with low
risk. Not surprisingly, people spend a lot of time developing
methods and strategies that come close to the “perfect
investment”. But none is as popular, or as compelling, as the
Modern Portfolio Theory (MPT). Here we look at the basic
ideas behind the MPT and how it affects and should ultimately
guide the management of your portfolio.
As one of the most important and influential economic theories
dealing with finance and investment, the MPT was developed
by Harry Markowitz and published under the title “Portfolio
Selection” in the Journal of Finance. In 1990, he won the Nobel
prize for what has become the frame upon which institutions
and savvy investors construct their portfolios.
In his article, “Portfolio Selection”, Markowitz described how
to combine assets into efficiently diversified portfolios. He
demonstrated that investors failed to account correctly
for the high correlation among security returns. It was
his position that a portfolio’s risk could be reduced and
the expected rate of return increased, when assets with
dissimilar price movements were combined. Holding
securities that tend to move in concert with each other
does not lower your risk. He concluded, “Diversification
alone does not reduce risk unless assets are combined
whose prices move inversely, or at different times, in
relation to each other.”
Dr. Markowitz was among the first to quantify risk and
demonstrate how and why non-correlation can work to reduce
risk and increase returns for investors.
Proper diversification amongst non-correlated asset classes
reduces volatility more efficiently than most people understand:
The volatility of a properly diversified portfolio is less than the
average of the volatilities of its component parts.
While the technical underpinnings of the MPT are complex and
drawn from financial economics, its conclusion is simple and
easy to understand: a diversified portfolio, of non-correlated
asset classes, can provide the highest returns with the least
amount of volatility.
Many investors are under the delusion that their portfolios
are diversified if they are in stocks, mutual funds, ETFs, bond
funds, and commodity funds. However, these investment
vehicles may be invested in the same asset class and may
generally move in concert with each other. When the stock
market bubble burst, this was made painfully clear. Proper
diversification according to the MPT is in different asset
classes that move independently of one another.
The brochure makes reference to managed futures. Please
note that while managed futures may enhance returns and
reduce risk, managed futures may have the opposite effect
on a portfolio and, in fact, may result in losses in a portfolio.
Further, studies conducted of managed futures as a whole may
not be indicative of the performance of any individual money
manager. In addition, studies conducted of managed futures
as a whole may rely on managed futures indices to measure
the performance of managed
futures as an asset class;
however, such indices do not
represent the entire universe of
all money managers. Moreover,
investors cannot invest in an
index itself, and the actual rates
of return of money managers
within an index may be
significantly different and more
volatile than those of the index.
The following chart is only an example of the depth and breath of how
an allocation to exchange traded futures can provide exposure to non-
correlated global markets and asset classes.
THE IFUND PHILOSOPHY
MARKET COMPONENTS OF THE IFUNDS
• Equities - S&P 500, Nasdaq, Russell 2000
• Interest Rates - T Bonds, T Notes
• Metals - Gold, Silver, Platinum, Copper
• Energies - Crude Oil, Natural Gas, RBOB Gas
• Currencies - GBP, JPY, EUR, AUD, CAD, $ Index
• Commodities - Corn, Wheat, Cotton, Sugar, Soy Beans, Soy Bean Oil, Soy Bean Meal
PRINCIPAL PROTECTION
COMPONENTS OF THE IFUNDS
• INVESTMENT GRADE BOND PORTFOLIO
• PROVIDES PROTECTION FOR
ENTIRE INVESTMENT
HIGHLY EXPERIENCED TEAM
Our team has decades of experience
in helping individuals, families, family
offices and companies achieve their
investment objectives and wealth
preservation.
FUTURES AND OPTIONS TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS.
YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
FX (4%)
Aystralian Dollar
Brazilian Real
British Pound
Canadian Dollar
Chinese Renminbi
Euro FX
Japanese Yen
Korean Won
Mexican Peso
New Zealand Dollar
Swiss Franc
Metals (4%)
Copper
Palladium
Platinum
Energy (6%)
Ethanol
Crude Oil
Natural Gas
Commodities (9%)
Corn
Oat
Soybean
Wheat
Rough Rice
Random Length Lumber
Wood Pulp
Butter
Frozen Pork Bellies
Lean Hogs
S&P-GSCI
Livestock
Interest Rates (44%)
Individual Equity (9%)
Equities (24%)
1-Month LIBOR
30-Day Fedral Funds
Eurodollar
Euroyen
10-Year U.S. Treasury Note
10-Year U.S. Treasury Bond
CME 10-Year Swap Rate Futures
Deutsche Telekom
Allianz
SAP
Deutsche Bank
Munchener Ruckversicherung
Banco Comercial Portugues Stock Futures
Brisa Autoestradas de Portugal Futures
Bovespa
CAC 40
Dax
Dow
euro stoxx50
Hang Seng
MSCI EAFE
MSCI Emerging Markets
S&P MidCap 400
S&P 500
S&P SmallCap 600
DIVERSIFICATION OF FUTURES MARKETS
The above list is only a partial list of the futures products currently available around the world. Source: FIA 2007
03
78970 ifund cs6 ltr final.indd Spread 2 of 2 - Pages(02, 03)78970 ifund cs6 ltr final.indd Spread 2 of 2 - Pages(02, 03) 4/11/16 2:32 PM4/11/16 2:32 PM

4. GLENCOE, IL (CHICAGO) 60022
Email: info@east-westadvisors.com
www.East-WestAdvisors.com
Phone: 847-786-4697
This brochure makes reference to certain funds (“Fund(s)”) operated by East West Advisors LLC (“EWA”) having a principal
protection feature designed to protect against trading losses. Generally speaking, the principal protection feature involves the
Funds purchasing investment grade bonds at a discount using approximately 70% of the Funds’ assets, with the remaining
assets being used to trade commodity interests (the “Futures Portfolio”). It is anticipated that the value of the bonds at maturity
for each Fund will be sufficient to cover any potential loss of investors’ assets invested in the Futures Portfolio. However, in the
event of default of any or all of the bonds purchased by a Fund, the Fund’s principal protection feature may not be sufficient to
cover the entire loss of investors’ assets invested in the Futures Portfolio. In addition, in the event of default of any or all of the
bonds purchased by a Fund, the investors’ losses could involve a loss of some or all of the bonds used to provide principal
protection. Risk Disclosure: You should carefully consider whether your financial condition permits you to participate in
a Fund, which invest in commodity interests. You should be aware that commodity interest trading can quickly lead to
large losses as well as gains. Such trading losses can sharply reduce the net asset value of a Fund and consequently
the value of your interest in a Fund. In addition, restrictions on redemptions may affect your ability to withdraw your
participation in a Fund. Further, the Funds may be subject to substantial charges for management, advisory and
brokerage fees. It may be necessary for those pools that are subject to these charges to make substantial trading
profits to avoid depletion or exhaustion of their assets. This material is being provided for information and discussion
purposes only and is qualified in its entirety by the information included in each Fund’s the offering documents and
supplements (collectively, the “Memorandum”). Any offer or solicitation of the Funds may be made only by delivery
of the Memorandum. Before making any investment in a Fund, you should thoroughly review the Memorandum
with your professional advisor(s) to determine whether the Fund are suitable for you in light of your investment
objectives and financial situation. The Memorandum contains important information concerning risk factors,
including a more comprehensive description of the risks and other material aspects of an investment in a
Fund, and should be read carefully before any decision to invest is made.
• Client Focus:
Through our structure, our interests are directly aligned with those of our Clients.
• Emphasis on Customer Service:
Real people available, not a computer, to service the needs of our clients.
• Third Party Administrator (TPA):
To validate and produce monthly accounting for all investors in order to create transparency and fully disclose
the precise performance on a monthly basis.
• Market Access:
To identify and secure desirable investments through the combined resources of our in-house team and our
longstanding relationships with select partners.
• Market Execution:
Specialized capabilities in complex transactions and asset management.
• Disciplined Risk Management:
Achieved through our Risk & Quantitative Analysis team who work closely with other investment and
economic professionals to monitor and manage risk.
KEY PRINCIPLES OF
©
©
IFUND PRINCIPAL
PROTECTED FUNDS©
NON-CORRELATED DIVERSIFICATION
UNCAPPED GROWTH POTENTIAL*
IRA & 401K APPROVED
NO SURRENDER CHARGES
PRINCIPAL PROTECTED
IFUND PORTFOLIO OF FUNDS FOR THE RISK AVERSE AND YIELD SEEKING
*THE IFUNDS’ FUTURES PORTFOLIOS ARE NOT SUBJECT TO MATURITY DATES,AND THUS MAY CONTINUE TO
APPRECIATE IN VALUE BEYOND THE MATURITY DATES OF THE PRINCIPAL PROTECTION COMPONENTS OF THE IFUNDS.
©
78970 ifund cs6 ltr final.indd Spread 1 of 2 - Pages(04, 01)78970 ifund cs6 ltr final.indd Spread 1 of 2 - Pages(04, 01) 4/11/16 2:32 PM4/11/16 2:32 PM