Summary

The Aggressive Options Program trades options on futures by utilizing a proprietary systematic approach and process with respect to the design, timing, selection and maintenance of positions, yet remains discretionary in terms of its actual implementation. Ascendant’s investment objective, with this program, is to consistently generate considerable, above-average absolute returns, irrespective of underlying market conditions. This program writes covered and uncovered options on select classes of futures contracts, such as indices, financials, and commodities, which are traded on domestic and foreign exchanges.