Producers Advisory Group, Inc.

Producers Advisory Group, Inc. (“PAG” or the “Advisor”) is engaged in the business of offering trading advice to customers with respect to futures contracts, options on futures contracts and physical commodities and other commodity-related contracts traded on United States exchanges and markets (collectively as "commodity interests"). PAG trades commodity interests in grains, meats, stock indexes, metals, interest rates, currencies, softs, energies, as well as other markets. PAG has developed a Managed Account Program pursuant to which it directs the speculative purchase and sale of commodity interests for the accounts of participating customers in accordance with its trading methods and strategies. Because speculative commodity trading presents the risk of substantial losses, only persons with high income and the ability to absorb such losses should consider participating in the Program.PAG is a Texas corporation, registered with the Commodity Futures Trading Commission (“CFTC”