Hyman Beck & Company, Inc.


Fund Investment Objectives

Reflects performance of the GLOBAL PORTFOLIO, a long term technical trend-follower that trades over 30 futures and forward markets worldwide with a concentration in world interest rate and other financial markets. The program participates in many of the internationally traded futures and forward markets not necessarily represented in the Diversified and FX Portfolios. These markets may include, but are not limited to Australian, British, French, German, Italian, Japanese and U.S. fixed income instruments, precious and base metals, foreign currencies, foreign and domestic stock indices, and other internationally traded commodity markets