Trigon Global

Macro Fund

Fund Investment Objectives

The TRIGON GLOBAL MACRO FUND employs a focused three strategy approach, FX, short-term interest rates, and opportunistic, with each strategy having equal weight in the portfolio over time. The systematic foreign exchange model includes both medium and short term components and is based on a premise that volatility is mean reverting. The global short-term interest rate strategy employs macro-economic analysis to guide positions in global markets using options, futures, and a combination of both. The Opportunistic strategy combines macro economic views to identify markets that are out of line with fundamentals and volatility to identify attractive risk reward ratios. From January 2001 to April 2003 this was a Managed Account, figures available upon request.