Clarke Capital Management,

Inc. (Global Basic)

Fund Investment Objectives

Global Basic is a fully systematic, multi-model trend following program that manages capital across a diversified portfolio of 15 exchange-traded futures markets. Market sectors traded include interest rates, currencies, metals, energies and grains. The program employs five models which have an intermediate term focus. The use of both trend and counter-trend components in the models lowers the correlation of Global Basic to other trend following systems. Each model consults a "Fuzzy-Logic Trend Filter" for permission to initiate positions and to take on market risk.