Fulcrum Asset Management LLP

(Commodity Fund Class I)

Fund Investment Objectives

The FULCRUM COMMODITY FUND seeks to achieve absolute returns through systematic investment in liquid commodity instruments. The fund targets an annual return of 15%-20% and a realized volatility of 12%-16%. Alpha is achieved through the utilization of systematic strategies based on prices, volatility, backwardation/contango, inventory data, and mean reversion.