ACE Strategies

Multi-Market Hybrid Approach (MMHA).

This strategy combines Stock Index oriented programs with selected commodity futures and options to offer the potential of greater returns than the stock index strategy alone due to the low correlation of performance between and among stocks and many commodity markets.   It is identical to the Stock Index Hybrid Approach in that it will, use futures and options separately or in combination, and trade the three stages of the market for optimum results.  The Advisor will select commodities opportunistically and consistent with their liquidity and timeliness.   Examples of commodity categories likely to be included are foreign currencies, the credit markets, precious metals, energy products, grains, “softs” and the meat complex, among others.  Each commodity market has unique characteristics and therefore is subject to unique trading parameters and style.  The Advisor will determine position-size accordingly.  Strict risk management techniques are an integral part of the strategy using predetermined stop loss points which are designed to limit losses and protect gains. 

New accounts in this strategy (and added funds coming into existing accounts) will typically begin trading at the beginning of a calendar month, subject to the discretion of the Advisor.  In addition, the Advisor anticipates the possibility of market conditions which may hold up the start of trading and relegate it to the next appropriate opportunity, which could come at any time during the month.  In fact, the Advisor requires total discretion to time market entries and exits or, to pass up a trade altogether. 

In the opinion of the Advisor, the appropriate investor for this strategy will be the astute investor who has had experience trading commodities, who is comfortable with frequent trading, and exposure to higher than average risk, in order to achieve potentially higher than average returns.  At least 20 months should be allowed to evaluate performance of this strategy so as to experience a range of market conditions and its impact on account volatility as well as market response to economic and exogenous conditions. 

Multi-market Hybrid Approach – Minimum Starting Value Required*
Regular Program $100,000

Lesser amounts may be accepted solely at the discretion of the Advisor.
*Stated minimums are net of any front-end fees.
 

THERE IS SUBSTANTIAL RISK OF LOSS IN TRADING FUTURES AND OPTIONS.  ONE MUST BE AWARE THAT THE POSSIBILITY OF UNLIMITED LOSS EXISTS IN WRITING OPTIONS.  PEOPLE CAN AND DO LOSE MONEY.