Masterworks Investor Presentation Deck slide image

Masterworks Investor Presentation Deck

Index (1995= 1) Long-Term Historical Performance Over 25 years, Contemporary Art has generated a nearly three-fold outperformance over the S&P 500 25 20 15 10 5 ch 0 Contemporary Art Market (Value-Weighted) Performance Indices Since 1995 Based on repeat-sales from 1995 to 2020 YTD (July 30) 1997 1998 2002 2003 2007 2008 THE DATA INCLUIDED HEREN REFLECTS CHARACTERISTICS OF THE MARKET FOR PHYSICAL ARTWORK AND NOT FOR INVESTMENT SECURITIES 2009 2010 2011 2012 2013 2015 2016 2017 2018 2019 2020 Contemporary Art 13.6% annualized return(12) S&P 500 Total Return 8.9% annualized return Post-War & Contemporary Art S&P 500 (includes dividends) Source: Internal Masterworks analyals. Yahoo Finance. Index shown through July 2020. Index data updated as of July 30th, 2020. Notes: There are significant differences between the asset classes presented. For additional Information, see Important Disclosures. 1. Repeat-Sale Pair Index of Post-War and Contemporary Art (as defined by the applicable auction house) using Standard & Poor's CoreLogic Case-Shiller Home Price Indices Methodology. 2. The Standard & Poor's CoreLogic Case-Shiller Home Price Indices Methodology results in a value-weighted Index. Auction results realized in a currency other that U.S. dollars have been converted using exchange rates provided by FRED (St. Louis Federal Reserve) at the time of the most recent sale. This adjustment le made to account for long-term exchange rate trends that would otherwise distort artworks performance. S&P 500 Total Return Index as of July 30th, 2020. THIS PRESENTATION IS CREATED AND USED BY MASTERWORKS AND IS NOT PROVIDED BY OR USED IN SOLICITATIONS BY A BROKERAGE FIRM OR BROKER. INDICES ARE UNMANAGED AN INVESTOR CANNOT INVEST DIRECTLY IN AN INDEX INDICES ARE USED FOR COMPARATIVE MODELLING PURPOSES ONLY THE TIMING OF TRANSACTIONS RELATING TO AN ASSET OR MASTERWORKS PORTFOLIO, ADVISORY, AND TRANSACTION FEES, AND OTHER MANAGEMENT ACTIVITIES CAN CREATE SIGNIFICANT DIFFERENCES BETWEEN THE PERFORMANCE OF AN INDEX AND AN INVESTMENT SEEKING SIMILAR OR SUPERIOR RELATIVE PERFORMANCE RESULTS (3)
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