January 2011 Program Description

Linn Hare & Huckabay's Apex Program combines technical and fundamental analysis in an effort to secure capital appreciation through a low volatility approach. Primarily focused on US domestic grain markets and related markets, Apex deploys spread and options trades with or against futures strategies that attempt to reduce risk and maximize gains. In so doing, Apex seeks to keep asset volatility low while reaping a steady rate of returns that outpace US equity market annual returns by between 5% and 8% (net of fees). Through this discretionary vehicle, clients should expect to see significant risk management tools in place in an effort to secure the above mentioned steady return with low volatility. Of course, losses can occur and there is no guarantee that the program's objectives will be met.

Apex deploys a variety of strategies, including:

  • Controlled option writing, particularly against futures/spreads
  • Intra-market and inter-market spreading
  • Fundamentally based long/short options and futures positions
  • Covered strategies
  • Option volatility trades

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