Conservative Concept

Portfolio Mgmt AG (Athena UI)

Fund Investment Objectives

ATHENA UI is an absolute return fund trading option strategies on equity indices since June 2008. The Athena strategy is based on a set of option strategies which are implemented step by step following our investment process. The Athena UI Fund is protected by a sophisticated risk management system that controls internal and external risk parameters real time. Additionally we use static and quantitative rules meeting the requirements of a state-of-the-art risk and money management. We only trade listed derivatives (options and futures) which offer high liquidity. Uncorrelated, consistent returns and a low volatility characterize the Athena UI Fund. We offer the highest possible transparency and daily liquidity.