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The Investment Manager Commitment

Traders have direct personal stakes in the funds they managed. In this way, there is a maximum alignment of firm, fund and agency interests.

The Rationale for a Yen-based Structure

Diversification away from conventional US$ based funds. Especially relevant given the long term bearish outlook of US$ & America's excessive imbalances.

Yen interest rates hover at historical low. This makes funding in Yen for investment in Japan Macro Fund highly economical. As it is denominated in Yen, Yen-based investors are shielded from foreign exchange exposure.

Japan Macro Fund can complement other Financial Products

For example, asset management firms instead of buying time-decaying options for their capital guaranteed products can instead consider Japan Macro Fund due to its uniquely strong Yen-based returns, high watermark and hurdle features.