Cypress Capital Management, LLC : Cypress Classic AG Program

Summary

-CCM utilizes a short to medium term technical strategy to trade commodity futures markets on a discretionary basis. The managed futures strategy focuses on the Agricultural Commodity markets (Grains, Livestock, Softs)The strategy is defined as momentum based trend following and seeks to identify and take advantage of the trends found within the underlying longer term trends. The strategy employs several proprietary indicators along with traditional technical analysis (trendlines, pattern identification, etc.)across multiple chart types and timeframes to identify potentially profitable risk/reward opportunities. *** The performance shown from February 2006-December 2008 reflects audited pro forma results from a proprietary account opened and traded by Mr. Brown for the specific purpose of creating a track record for the CTA before the CTA was formed. The Cypress Classic AG program began trading in January 2009 and utilizes the same strategy as Mr. Brown's proprietary account. Although traded as customer money and charged customer fees, the returns in the Cypress Classic program from Jan. 2009- Dec. 2009 must be considered Proprietary since the assets belong to an equity principal of the firm.

Investment Strategy

CCM's Manager: Brooks Brown - Mr. Brown has more than 13 years of experience in the commodity futures business. In 1996, he received his BA in Finance from Southern Methodist University. Mr. Brown started his professional career working in the Eurodollar Options pit at the Chicago Mercantile Exchange and later in the Grain pits of the Chicago Board of Trade. In 1998, he became an analyst at McVean Trading and Investments. While at McVean, Mr. Brown had positions as Soybean Oil and Lean Hog analyst, as well as, Head Technical Analyst/Trader. During this time, he was able to work with and learn from Mr. Charlie McVean and the late Mr. Martin Hilby, to whom he credits a great deal of his underlying trading philosophy.

Risk Management

CCM incorporates strict money management techniques to assess risk on the individual market and portfolio levels while making every effort to maximize reward.