Blackwater Capital

Management (Composite)

Fund Investment Objectives

BLACKWATER CAPITAL MANAGEMENT utilizes a medium-term, systematic, technical model developed to capitalize on directional moves in global futures and FX markets. The program is based on price and volatility patterns observed over many years of research and trading, incorporating chart-based rules that interpret market behavior. The model is designed to establish positions when markets exhibit a high probability of a developing, sustained move, while quickly exiting after profit objectives have been reached, limiting sharp reversals and drawdowns. Proprietary indicators reduce trading in range-bound, trendless markets. Assets reported represent total assets traded in the strategy.