Changes to two managed futures funds

Effective January 1st, 2021, both the Belmont Global Trend Fund and the Belmont Commodity Trend Fund will be modifying their investment strategy. Although the core performance drivers of both funds will remain their exposures to the trading strategies of Eckhardt Trading Company and Quantica AG respectively, the offering memoranda are being amended to allow for the more profitable deployment of unused margin capital.

The prospect of interest rates being close to zero for years to come has prompted this stance and initially this exposure will be taken in a multi-strategy hedge fund. Terms and conditions will not be affected in either case.