Quantitative Fund

Fund Investment Objectives

GALAXY QUANTITATIVE FUND is predominantly a quantitative, systematic, medium to high frequency trading program with Asian emphasis that invests into a diversified range of liquid markets and investment instruments, including, without limitation, stock index, stock, bond, currency, interest rate and selected commodity contracts. This Fund seeks to achieve low volatility uncorrelated absolute return by capitalizing primarily on upward and downward price trends utilizing directional and arbitrage strategies that are under constant revision and refinement in response to the changing market environment. The trading programs are executed within a systematic and strict risk management framework. The Fund's exposure is systematically adjusted to reflect changes in the risk(volatility), return and liquidity of individual markets. Together with a system of stop losses, the risk of the Fund is well contained in all market conditions. Assets under management are not disclosed.