Martin Fund Management LLC : Martin Fund One

Summary

The program MARTIN FUND ONE seeks to generate outsized annual returns of 15%-20%, in excess of the S&P Goldman Sachs Commodity Index (S&P GSCI), employing short- to medium-term trading programs with low macro correlation and disciplined risk management

Investment Strategy

The Advisor’s proprietary trading program MARTIN FUND ONE encompasses three discretionary trading strategies:
STRATEGY 1: Use of options spreads to express the Advisor’s opinion on major market trends
- Buy or sell to benefit from major market trends based on predetermined and limited risk parameters
- Confirm trends using preset fundamental statistics related to certified stocks and crop forecasts
STRATEGY 2: Arbitrage of futures spreads and spread butterflies
- Buy one futures spread and sell another related futures spread, grounded in predetermined risk parameters, to benefit from both seasonal and time-to-expiration based price ranges
- Exit the position before expiration of the front month futures contract
STRATEGY 3: event trading of S&P GSCI futures roll
- Massive flows of capital move through the market, trading out of the expiring front month futures contract and into the next contract.
- Entry and exit from this trade incorporates key data
 CFTC-reported Non-commercial Fund position
Open Interest
Current-spread-price to full-carry-price ratios
Days to First Notice Day / Expiration
Stop losses
- Fixed dollar value stops to limit losses
- Trailing stops to benefit from larger profitable moves

Risk Management

The Advisor seeks to maintain at least a 2:1 profit-to-loss ratio
The Advisor employs stop-loss orders to limit risk consistent with this predetermined level
Minimum account $500,000 subject to waiver or reduction in the Advisor's sole discretion.