OVERVIEW

Ascendant Asset Advisorsinvestment objective is to generate an above average return on client capital in all market conditions while reducing overall risk exposure to underlying financial market movements.  Currently, AAA manages eight trading programs that write covered and uncovered options on select classes of futures contracts, such as indices, financials, and commodities, which are traded on domestic and foreign exchanges. Two of these programs involve the trading of futures as well as options on futures. The programs differ in their use of leverage, the degree to which the selected options are “out-of-the-money,” the risk management techniques employed and the fees incurred by the clients.  Although most of the programs have a similar objective of generating income through the writing of options, the differences between them are designed to moderate the risk and return characteristics of the primary options writing strategy to accommodate different levels of risk tolerance.  The past performance of these programs (to the extent the programs have past performance) is presented on pages 26-38 of the Disclosure Document. For a snapshot of the current trading programs being offered please click below or download our Disclosure Document.