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Alternative Market Briefing

Toronto’s IAM Group announces start of new IMFC Global Concentrated Program

Tuesday, July 21, 2009

The IMFC Global Concentrated Program is a derivative of the IMFC Global Investment Program in that it selects trades from the IMFC Global Investment Program by utilizing an additional algorithm that measures the confidence of trading signals and risk budgets generated by the IMFC Global Investment Program.

The IMFC Global Concentrated Program is a derivative of the IMFC Global Investment Program in that it selects trades from the IMFC Global Investment Program by utilizing an additional algorithm that measures the confidence of trading signals and risk budgets generated by the IMFC Global Investment Program.

The IMFC Global Concentrated Program only initiates positions in a market if the underlying trading signals and risk budgets meet certain threshold levels of confidence or strength. Position sizes are then calibrated based on the volatilities and correlations of markets offering current positions and a long term average portfolio downside deviation target of less than 13%.

The IMFC Global Concentrated Program can be traded at the $ 500,000 level, versus the IMFC Global Investment Program which has a minimum of $ 2,000,000.

The IMFC Global Concentrated program began trading on April 1st, 2009, and now has over $ 1,000,000 in client capital under management. Since its launch, it has performed exactly as it was designed. Return for April was +0.57 %, for May +0.18 % and for the month of June it was +1.07 %.

The IMFC Global Investment Program returned ......................

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