Aegis Global Macro Classic

Fund Class CL

Fund Investment Objectives

Aegis Global Macro Classic Fund Class CL divides trading into three major global sectors - stocks, bonds and currencies - invested in three global regions - US, Japan, and Europe. Within these three regions, the investments are divided in roughly equivalent percentages between bonds, stocks and currencies. During times of inflation, the CL Strategy allows for investment in precious and industrial metals, energies and commodities contracts. Allocation between sectors is based on proprietary fundamental and technical models. Both cash and futures may be utilized to invest in these sectors, but mainly futures are utilized. Focus in CL is on alternative investments and hard commodities, including energies, metals, bonds and currencies. Stocks are de-emphasized, but ETF program is used as an alternative to equities. Firm stopped reporting AUM as of 01/2009