Commodity Trading Advisors

TRADING STRATEGY
The Spread Index Program is a combination of two components 1) the Spread Program and 2) a portfolio of short term index trading systems. The Spread Program component is a successful established CTA program with profitable results in both 2007 and 2008 and over $17 million AUM. In creating the new program, the manager reduced the leverage on the Spread component significantly. The second component is a portfolio of many short term index trading programs comprising many styles and different indexes. Each index system in the portfolio has been traded with real money for between one and seven years. The allocation to each system within the portfolio is dependent on that system’s results, the correlation to the other systems in the portfolio and the length of the track record trading actual money. The two components were combined because they showed low to negative correlation to each other and tended to offset the drawdowns of the other component. The Spread Index Program is designed to have lower risk and significantly lower drawdowns than the Spread program alone.

TRADING STYLE: Multistrategy