GT Capital CTA

Vision has worked with GT Capital CTA’s (“GT Capital”) trader, Guerman Teitelbaoum, for the past three years in his role as Dighton Group’s key player in the U.S. He brings to investors the experience as a risk manager, trading system developer and back office manager of the Dighton Group. The Dighton Group collectively manages approximately $150 million in the U.S. and abroad. Since April 2003, Guerman has been utilizing a unique, active proprietary trading system he developed and is trading about $1 million of his own money. Please be advised that trading futures and options involves substantial risk of loss and is not suitable for all investors. There are no guarantees of profit no matter who is managing your money. Past performance is not necessarily indicative of future results.

GT Dynamic Trading Program

Overview
Strategy: Trend Following
Sectors: Energies, Metals, Financials, Grains
Minimum Investment: $150,000 or $75,000 cash notionally funded as $150,000

The GT Dynamic Trading Program focuses on trading E-mini S&P 500 futures contracts. GT Capital CTA’s ("GT Capital") trading approach and program is designed to go against the crowd by attempting to anticipate trader psychology at market turning points. Simply put, if the market has fallen GT Capital will wait until selling is exhausted and short sellers would likely buy back their positions with new buyers coming into the market. The opposite would hold true for establishing short positions. The idea is to establish long positions at the point where bulls are taking control from bears and enter short positions when bears are taking control from the bulls. Computerized trading signals suggest trades, while the decision to take them is discretionary, based on GT Capital's fundamental and technical evaluation of the markets as well as intuitive feel.

The minimum account trading size is $150,000, but will accept $75,000 cash notionally traded as $150,000.

GT Dynamic Day Trading Program ("GTDT")

Overview
Strategy: Trend Following
Sectors: Energies, Metals, Financials, Grains
Minimum Investment: $75,000 or $35,000 cash notionally funded as $75,000

The GT Dynamic Day Trading Program (“GTDT”) is exclusively available through Vision. GTDT trades according to the same principles as the GT Dynamic Trading Program, but on a shorter time frame and uses only futures. The market data is analyzed on an intraday basis and only day trades primarily E-mini S&P 500 futures contracts.

The minimum account trading size for GTDT is $75,000 or $35,000 cash notionally funded as $75,000. Clients with GTDT accounts funded with less than $250,000 are required to maintain their accounts exclusively with Vision.

Please be advised that trading futures and options involves substantial risk of loss and is not suitable for all investors. There are no guarantees of profit no matter who is managing your money. Past performance is not necessarily indicative of future results. Due to the day trading nature of the programs compared to other programs that are longer term in nature, a larger number of trades may be executed and this will lead to a proportionally higher amount of commissions and fees paid by the customer.

GT Capital CTA has been registered with the Commodity Futures Trading Commission ("CFTC") as a Commodity Trading Advisor ("CTA") since May 2009, and has been a member of the National Futures Association ("NFA") since that date.

About Guerman Teitelbaoum

Guerman Teitelbaoum is the sole Principal and President of GT Capital. He is responsible for all aspects of the firm's operation, including market research, trading, operation and management. He holds a degree in Industrial Economics & Electronics from the Russian Aerospace University. From July 1998 through September 1999, Mr. Teitelbaoum was the Chief Executive Officer of the International Entrepreneurial Institute, a business consulting and management firm, where he was involved in the development of industrial and aviation projects, storage facilities and marketing. In October 1999, he became the Chief Financial Officer, Secretary and Director of PowerSource Corporation, a company active in the deregulation of electricity in California and providing consumers more options in choosing electricity providers. After leaving PowerSource Corporation in April 2001, Mr. Teitelbaoum joined Dighton Group, an investment management company, where he remains employed as a risk manager, trading system developer and back office manager. In August 2008, he became registered as an Associated Person and was approved as Principal of Dighton Capital USA, a registered CTA and Commodity Pool Operator. Mr. Teitelbaoum became registered as an Associated Person of GT Capital and was approved as a Principal of GT Capital in May 2009.