Mesirow Financial

Commodities Mgmt, LLC (Abs. Return)

Fund Investment Objectives

MESIROW FINANCIAL COMMODITIES MANAGEMENT seeks to offer clients consistent returns with low volatility in various market environments. We believe significant opportunities exist to generate returns in both rising and falling market environments in the global financial and commodities markets. The Absolute Return Strategy is a discretionary, global macro approach with a focus on the commodity markets. Ideas are generated by observing how market price responds to global macro events, economic news and individual sector fundamentals to determine market themes.? The portfolio managers use price action to identify which market is best expressing a given theme.? Short-term, directional opportunities are then identified and trades are structured for optimal risk/return characteristics. The Strategy seeks to offer consistent high quality returns with extremely low volatility.