Trident Capital was built to create a systematic, diversified, global macro strategy that provides exposure to global fixed income, equities, foreign exchange, and commodities. Trident features two unique models: the Vega and Risk Regime models, which use proprietary measures of market volatility and risk appetite with the intent of adding stability and consistency to Trident’s portfolio. These models are meant to be especially valuable in times of crisis by either being “short” equity or “long” fixed income, or both by using futures products to implement market exposure. In addition, Trident has what it calls its “Engle” model that exploits clustered market behavior in markets. There can be no assurance that the models will work exactly as designed or that market volatility will not hinder Trident Capital’s ability to implement such market exposures.