Briarwood Capital Management

Inc. (Diversified)

Fund Investment Objectives

Briarwood Capital Management's Diversified Trading Program participates in select intermediate to long term trends across a wide variety of exchange traded futures markets. The program is comprised of three separate, synergistic models working in tandem to establish a well diversified portfolio of positions. There are two intermediate term trading models designed to capture medium term trend direction early, through the use of sophisticated pattern recognition and innovative trend following techniques, which are complemented by a long term model to participate in major market trends. Lastly, a proprietary risk management overlay is employed to actively manage downside volatility.