Portfolio Concept GmbH

(Advantage FX Systematic Fund)

Fund Investment Objectives

The ADVANTAGE FX SYSTEMATIC strategy is purely systematic and aims to participate in changes of FX exchange rates. The portfolio is diversified throughout 10 different cross-rates. A combination of cross-rate and chart-setting create 18 equally weighted portfolio pieces. The maximum exposure (leverage) can be defined for each Managed Account individually. We trade in the most liquid market and therefore grant investors daily liquidity. As for correlation, we believe that our strategy is not correlated to traditional asset classes. Our strategy is based solely on a 100% systematic computer model. The model works without any discretionary inputs and exactly the same rules and parameters are applied to all cross rates and all time frames (no optimization). Its logic bases on a simple pattern recognition approach combined with different volatility filters. Best results are achieved when applied during London liquid trading hours. The trading frequency is around 3 trades per week per chart. Positions are held for a couple of hours until to a couple of days, depending on the strength of a trend after the opening of a position.