Panel to Discuss “Opportunities in New Exotic Financial Instruments - Closed-end Funds, Hedge Funds and Structured Products” on June 21 in Chicago

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A panel of financial experts will meet on Tuesday, June 21 to discuss the topic Â?Opportunities in New Exotic Financial Instruments - Closed-end Funds, Hedge Funds and Structured Products.Â?

A panel of financial experts will meet on Tuesday, June 21 to discuss the topic “Opportunities in New Exotic Financial Instruments - Closed-end Funds, Hedge Funds and Structured Products.” This is a topic of growing interest in that individuals and portfolio managers recently have invested tens of billions of dollars in such instruments in order to boost their risk-adjusted returns or diversify their portfolios.

The panelists for the meeting will be (1) Mr. Keith A. Styrcula, Chairman of the Structured Products Association, and VP, JPMorgan Chase Equity Derivatives; (2) Mr. John Larkin, Managing Director, HFR (Hedge Fund Research) Asset Management, and (3) Mr. Paul C. Williams, Managing Director. Nuveen Investments. The moderator for the evening will be Mr. Matt Moran, VP, CBOE, and a member of the Chicago QWAFAFEW steering committee.

The meeting will occur from 5:00 p.m. to 6:30 p.m. on Tuesday, June 21, 2005 at the Chicago Board Options Exchange, 400 South LaSalle Street, Chicago.

The meeting is co-sponsored by Chicago QWAFAFEW (Quantitative Work Alliance for Applied Finance, Education & Wisdom) http://www.qwafafew.org and the Structured Products Association http://www.structuredproducts.org.

Admission is $10 with light snacks and drinks provided. Please RSVP via http://www.qwafafew.org/chicago by Wednesday, June 15th.

This will be the 27th meeting of Chicago QWAFAFEW (Quantitative Work Alliance for Applied Finance, Education & Wisdom) http://www.qwafafew.org. Steering committee members of Chicago QWAFAFEW include Mr. Sanjay Arya, Morningstar, http://www.morningstar.com; Mr. David Barone, Turning Point Securities; Mr. Adam Cohen, Zacks Investment Research, Inc., http://www.zackspro.com; Dr. Barry Feldman, Prism Analytics, http://www.prismanalytics.com; Mr. Matthew Moran, Chicago Board Options Exchange, http://www.cboe.com; Mr. Ranga Nathan, InvestMatrix Inc.; Mr. David O'Brochta, UBS, http://www.ubs.com; Mr. Richard Seefeldt, BRI Partners LLC, and Ms. Hilary Till, Premia Capital Management, LLC, http://www.premiacap.com.

Media Contact:

Mr. Adam Cohen

312-630-9880 x 227

adamc@zacks.com

http://www.qwafafew.org

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