Strategic Investing with Actively Managed Liquid Alternatives Active Alts’ mission is to create unleveraged strategies for various assets classes. With over 50 years of combined experience in the alternatives business, the management team at Active Alts is focused on bringing innovative liquid alternative strategies utilizing each strategy product structure. The adviser for the separately managed account (“SMA”) is Active Alts Inc. (the “Adviser”). The Adviser makes day to day investment decisions for the SMA and selects broker-dealers for executing portfolio transactions, subject to the brokerage policies established by the Adviser. The Adviser is owned by Brad Lamensdorf, its founder and President. SentimenTrader / Sundial Capital Research Sundial Capital Research is an independent investment research firm dedicated to the application of mass psychology to the financial markets. Sundial publishes the SentimenTrader.com website. Our focus is not market timing per se, but rather risk management. That may be a distinction without a difference, but it's how we approach the markets. We study signs that suggest it is time to raise or lower market exposure as a function of risk relative to probable reward. It is all about risk-adjusted expectations given existing evidence. The work of Sundial has been mentioned in publications such as The Wall Street Journal, Bloomberg, Barron's, CNN, The Economist, Reuters, CNBC, SFO Magazine, Active Trader, Futures, TheStreet.com, TradingMarkets, and many others.