Summary

The investment objective is to generate consistent, low-risk capital appreciation with minimal variance in returns. Profit potential is counter-balanced by levels of risk predetermined to be acceptable by preferences expressed by each individual client. Performance figures are net of all fees and published based upon an aggregation of all accounts. Investment time horizons for trade ideas vary from less than two hours and very rarely exceed 48 hours. Trade ideas are continuously evaluated and refined. The strength of Basu & Braun is a proven history and demonstrated ability to adapt the trading approach to varying market conditions in order to ensure profitable trading in virtually all market environments. (Performance figures from June of 2008 through July of 2009 include results from proprietary trading of an equity incubator)