ACE Investment Strategists, LLC - MoneyShow.com

ACE Investment Strategists, LLC
April 2010 DCP Profile
ACE Investment Strategists, LLC is a trading advisor that studies financial markets with the goal of
developing sound and timely strategic investment approaches to add better-than-average growth
to investment portfolios. Our mission is to deliver consistent investment returns, compared with the
major stock indices, by creating strategies that are uniquely designed and implemented to succeed
in all market environments, whether trending or consolidating. At present, we prefer ten strategies
that best meet our criteria for an effective balance of growth and risk.
DIVERSIFIED COMMODITY PROGRAM (DCP)
The objective of the Diversified Commodity Program (DCP) is to take a more focused advantage of trade opportunities in a broad spectrum of
commodity markets. This strategy grows out of the ACE Diversified Premium Collection Strategy (DPC) which is a mix of roughly half of
account assets supporting the S&P 500 Index future and half devoted to other commodities. This strategy will place higher focus on these
other commodity markets. Tactically, the Advisor has the discretion to trade options-on-futures or the future itself. That will usually depend
upon the specific commodity involved and the conditions in the market. The Advisor expects the greatest concentration will be on energy,
precious metals, currencies, and U.S. treasury notes and bonds. Trades may also come to the surface for other financials, agricultural
commodities or other futures, including stock index futures depending upon the appraisal of the opportunity and the availability of capital
in the accounts. Trading futures and options involves substantial risk of loss and is not suitable for all investors. The risk of loss in options
writing programs is unlimited.
NET RETURNS SINCE INCEPTION
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2009 12.78 4.54 3.00 4.99 6.88 7.26 0.93 47.52
2010 4.39 (2.11) 3.51 (1.85) 3.82
PERFORMANCE ANALYSIS
Assets Under Management:
$50.7M
Total Return Since Inception (June-09):
53.14%
Winning Months: 9
Losing Months: 2
Worst monthly draw down:
ACCOUNT INFORMATION
n/a
Management Fee 2%
Incentive Fee 25%
Max R/T Commission $40
Minimum Account Size $25K
60
50
40
30
20
10
0
(10)
VAMI Return Comparison*
DCP vs S&P 500 vs Dow Jones
ACE DCP
Dow Jones
S&P 500
Jun-09 Jul-09 Aug-09Sep-09 Oct-09 Nov-09Dec-09 Jan-10 Feb-10 Mar-10 Apr-10
*Since DCP Inception June 2009
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ONE MUST BE AWARE THAT THE POSSIBILITY OF UNLIMITED LOSS EXISTS IN WRITING OPTIONS. TRADING
FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS A COMPLETE DISCUSSION OF FEES AND CHARGES ARE RE-
PORTED IN THE CTA’s DISCLOSURE DOCUMENT. SPECIFICALLY, ONE SHOULD RECOGNIZE THAT AN INTRODUCING BROKER MAY CHARGE A FRONT-END START UP FEE
OF UP TO 6% OF THE INITIAL CONTRIBUTION. PLEASE NOTE THAT THIS CHARGE IS NOT REFLECTED IN THE PERFORMANCE OF THE COMMODITY TRADING ADVISOR
AND COULD HAVE A SIGNIFICANT IMPACT ON THE CUSTOMERS ABILITY TO ACHIEVE SIMILAR RETURNS.

ACE Investment Strategists
APRIL 2010 DPC Profile
A CE I n v estme n t S t r a t egist s , L L C is a t r ading advisor th a t studies financial ma r k ets with the goal of
d e v eloping sound and timely st r a t egic i n v estme n t app r oaches t o add b et t er-than- a v e r age g r o wth
t o i n v estme n t p o r t f olio s . Our mission is t o deli v er c onsis t e n t i n v estme n t r etu r n s , c ompa r ed with the
major s t o ck indi c e s , b y c r e a ting st r a t egies th a t a r e uniquely designed and impleme n t ed t o succeed
in all ma r k et e n vi r onme n t s , whether t r ending or c onsolid a tin g . At present, we prefer ten strategies
that best meet our criteria for an effective balance of growth and risk.
DIVERSIFIED PREMIUM COLLECTION (DPC)
This strategy combines the profit-generating potential of ACE’s core strategy, the Stock Index Premium Collection (SIPC)
strategy, with opportunistic trading in other index, financial or commodity futures. The SIPC strategy writes call and
put options on the S&P 500 index futures. The strategy balances option positions, where price changes and volatility are
constantly changing, and exploits the time decay aspect of option premiums. There are twelve cycles per year, ending on
options expiration each month. Profitable outcomes can occur whether the S&P is up, down, or sideways as long as its
price stays within a predetermined range. In the Diversified strategy, we add the use of financial and commodity futures
which offers us a wider spectrum of trading opportunities. As experienced commodity traders, we know that over the
course of a year individual commodities might not offer attractive investment (or trading) situations at all times. So,
among the 36 commodities we currently track daily, we are always on the alert for compelling opportunities when they
do occur in one or more in the group. Please be advised that the risk of loss in option writing programs is unlimited, this
investment is not suitable for all investors.
NE T RETURNS SINCE IN C EPTION
Jan F eb M ar A pr M a y J un J ul A ug S ep O c t N o v D ec Y ear t o D a t e
2004 1.95 0.10 (1.98) 4.99 (2.32) 2.49
2005 6.75 (3.70) (0.98) 0.24 3.53 0.74 0.96 (0.39) 3.78 1.30 2.61 3.22 19.17
2006 (5.56) 7.24 (1.66) (8.77) (4.46) (0.21) 4.53 4.68 (1.63) 0.06 0.41 4.64 (1.97)
2007 1.04 (9.09) (16.35) (1.35) 0.46 4.13 (5.69) (7.74) 7.05 (6.16) 9.07 13.90 (13.90)
2008 (5.95) 2.31 4.72 9.18 7.44 7.16 3.15 6.01 (69.35) (36.71) 10.66 (2.53) (71.02)
2009 8.15 12.32 (4.31) 16.36 (2.12) 12.66 5.81 4.19 7.53 9.86 8.51 0.33 111.47
2010 4.38 (2.75) 3.28 (2.52) 2.20
70.00
60.00
50.00
40.00
30.00
20.00
12 MONTH RETURN COMPARISON
ACE DPC
S&P 500
PERFORMANCE ANA L YSIS
A ssests Under M anageme n t
$41.2M
T otal R etu r n sin c e In c eption(Aug-04) (35.44)%
Compounded Avg Annual ROR (7.33)%
W inning M o n ths 44
L osing M o n ths 25
W orst mo n thly d r a w d o wn : 69.35%
L ongest R e c o v e r y P e r i o d
n/a
10.00
0.00
(10.00)
May-
09
Jun-09Jul-09 Aug-
09
Sep-
09
Oct-09 Nov-
09
Dec-
09
Jan-10 Feb-
10
Mar-
10
Apr-10
ACCOUN T INFORM A TION
M anageme n t F ee 2%
In c e n ti v e F ee 25%
M inimum A c c ou n t Si z e $75K
P AS T PERFORMANCE IS NO T INDIC A TIVE OF FUTURE RESU L TS. ONE MUS T BE A W ARE TH A T THE POSSIBILIT Y OF UNLIMITED LOSS EXISTS IN WRITING OPTIONS. A
COMPLETE DISCUSSION OF FEES AND CHARGES ARE REPO R TED IN THE C T A ’ s DISCLOSURE DOCUMEN T . SPECIFICAL L Y , ONE SHOULD RECOGNIZE TH A T AN INTRODUCING
BROKER M A Y CHARGE A FRON T -END S T A R T U P FEE OF U P T O 6% OF THE INITIA L CONTRIBUTION. PLEASE NOTE TH A T THIS CHARGE IS NO T REFLECTED IN THE
PERFORMANCE OF THE COMMODIT Y TRADING ADVISOR AND COULD H A VE A SIGNIFICAN T IM P AC T ON THE CUS T OMERS ABILIT Y T O ACHIEVE SIMILAR RETURNS.