Global Long/Short Momentum Program
The Global Long/Short Momentum program is designed to offer investors efficient exposure to trend-following and produce attractive long-term absolute returns in a variety of different economic and market conditions. Returns from this strategy are uncorrelated with those of most
traditional and alternative investments, thereby providing significant diversification to many investment
portfolios. The active management of risk, a key component of the strategy, serves to control downside
risk and enhance the overall risk-adjusted returns of the program.