Zelos Performance

Investment Objective The Fund’s objective is to achieve a yearly absolute return in excess of 15% investing long/short in global equities. The portfolio employs a disciplined fundamentally driven investment process, focusing on primary research and the delivery of maximum absolute risk-adjusted returns consistent with preservation of capital. The portfolio management has a clear risk management process in place. Risk is mitigated in this long/short portfolio through hedging techniques and capital allocation guidelines. Fund Strategy To generate absolute returns via: Demonstrated stock picking capability Rotation in and out of cash Shifts in market exposure Long-Short Opportunistic Approach Typically long biased Asymmetrical risk/return profile with positive correlation to the sector in rising markets and negative in falling markets