Logos LP commentary for the fourth quarter ended December 31, 2019.

“The world is ruled by letting things take their course.” – Lao-Tzu

The following table represents Logos LP’s YTD return1 compared to a basket of relevant indexes. The price per unit as of December 31st, 2019 is $29.13 compared to $21.11 as of December 31st, 2018:

*From March 26th, 2014 to December 31st, 2014

**As of January 10th, 2020

The fund realized a 10.43 . . .

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