Summary

-An innovative CTA strategy combining the trading experience of two established industry professionals The GLOBALREACH MACRO PROGRAM IS an actively managed discretionary CTA strategy that invests only in the most liquid global financial futures markets. Targeting a return of 7% to 10% per annum the firm?s strategy is to produce a stream of consistent returns uncorrelated to systematic and trend-following managed futures programs in addition to industry indices. Risk management is fundamental to the success of the Program and is actively managed through the use of strictly controlled risk limits overlayed with stop losses on individual positions. Efficient monitoring of capital utilised ensures a margin to equity ratio below 5% with volatility averaging 5%. Hence an investor may significantly increase the volatility of an investment in the Program while maintaining a low downside risk. & &With over 20 years trading experience the Program Managers have a proven track record with both having extensive fund management and market knowledge. This background enables the Program to benefit from their: expertise identifying and exploiting macro-economic trends and market mis-pricing opportunities &experienced risk management skills, facilitating calculation of trade size, stop-loss, and profit target objectives &skill at valuing market prices and volatility& &The Program trades global financial markets - currencies, bonds and stock indices in the ratio 40:40:20. Instruments traded are financial futures and options.We feel that the Program is unique amongst other CTAs as we are a discretionary manager trading only financial futures with a combination of both short term opportunistic and medium term research driven styles. Portfolio diversification is achieved by the uncorrelated risk-return profiles of the trading strategies with each employing diverse leverage, position size and asset selection strategies.The GlobalReach Macro Program is a discretionary CTA strategy managed actively investing in global financial markets Managers for the Program, David Tease and Martin O?Sullivan, each have over 20 years trading experience& nbsp;