Algeo Fund,

LP

Fund Investment Objectives

The Algeo Fund, LP utilizes a proprietary options strategy focusing on the risk of near term broad based market improvement. The investment objective of the Fund is to generate a flow of income from a premium pool. The pool consists of a wide array of expiring broad-based short option time premium. The pool uses historical market movement in determining desired risk exposure. To hedge unforeseen large market moves the Fund dynamically rebalances its pool composition with respect to leverage, risk and time. The Fund's Manager utilized a model of dynamic probability parameters to guide its rebalancing decisions.