Aventis Asset Management LLC : Aventis Diversified Commodity Fund (Barbarian Program)

Summary

Aventis Asset Management is a fundamental, discretionary commodity manager. We are tactical, opportunistic, research driven, and seasoned with experience in all market conditions. With an institutionalized back office, risk management process, and business infrastructure, Aventis has been able to provide positive uncorrelated risk adjusted annual returns for our investors since inception (Sept 2006). The Aventis team is comprised of 12 professionals with offices in the Chicago and New York. Mr. Paul Kim (CEO/Head Trader) has over 30 years of experience as a commercial cash trader with Cargill, an independent floor trader on the CBOT, and as a professional money manager. Aventis Diversified Commodity Fund employs a fundamental, discretionary strategy with a technical overlay and strictly trades exchange traded futures and options on futures in markets such as grains, energies, softs, meats and metals.

Investment Strategy

Aventis Diversified Commodity Fund employs a fundamental, discretionary strategy focused on trading physical commodity futures & options on futures. The trading edge is achieved through rigorous fundamental research and proprietary technical models overlaid with strict risk management policies on a position, sector, and portfolio basis. Approximately 40-50% of the strategy is spread based (relative value) including calendar, inter-market, inter-commodity and option spreads; 40-50% of the strategy is directional in nature utilizing futures, spreads, and options; and 5%-10% of the strategy is involved in short term trading. Mr. Paul Kim (CEO/Head Trader) is a seasoned trader and is able to execute on fundamental biases as well as incorporating technical analysis using many different strategies. Mr. Kim has over 30 years experience in the commercial and cash commodity business-first with Cargill as a cash grain trader for 7 years, then as an independent floor trader on the CBOT for 11years, and as a money manager for the past 10 years. Aventis Asset Management LLC has a diverse team of 12 professionals with offices in Chicago and New York.

Risk Management

Risk exposure is managed at multiple levels and across multiple time horizons. Maximum risk exposure (limit) as a percentage of NAV is establish for each new position, then on an aggregate basis for the fund portfolio as well as the overall strategy. Limits as a percentage of NAV are also set on a daily basis and monthly basis. Proprietary risk management software allows all traders to see PNL within trade, sector, and theme. In addition, Chief Risk Officer has authority to liquidate positions.