Summary

-The Advisor's managed futures trading program attempts to detect and exploit short-term price changes while maintaining an intensive concentration on risk management. This program is operated and directed solely based on the Advisor's experienced view of the markets. His trading methods can be described as discretionary, event driven, technical with a fundamental backdrop, and non-directional. The program trades financial futures including currencies, debts, and stock indices contracts. Trading is active. Average Margin to equity ranges from 0 to 1%.