empiricalempiricalRedefining Absolute Return

Redefining Absolute ReturnE M P I R I C A L P R E M I U M F U N D

Time is money, is a well known saying. It is a fitting description of how the Empirical Premium

Fund makes money – through the passage of Fund makes money – through the passage of time. No matter which way the markets move.

The methodology a professional options trader has tested and proven, and made a living from for nearly a quarter of a century, is available as a time

placement in a special purpose fund that is placement in a special purpose fund that is redefining the term absolute return.

A time placement in the Empirical Premium Fund represents the first offering of an innovative new alternative investment that is a fusion between a

structured investment product, a time deposit alternative investment that is a fusion between a

structured investment product, a time deposit and a hedge fund.

A time placement in the Empirical Premium Fund is the first opportunity of its kind that fully reflects the unique characteristics of option instruments

that enables maximization of option time the unique characteristics of option instruments

that enables maximization of option time premium on a portfolio of options.

A time placement is ideal for investors who place a priority on principal protection but also seek to generate predictable, consistent returns based on the performance of various option strategies on

generate predictable, consistent returns based on the performance of various option strategies on markets such as a basket of foreign currencies,

gold, silver, equities, and commodities.

The methodology, is a marriage of knowledge from experience and innovation, which makes use

of exclusive dynamic hedging algorithms and mathematical modeling processes - vital to

of exclusive dynamic hedging algorithms and mathematical modeling processes - vital to

generating steady profits from time value and safeguarding capital.

Similar to the logic that ensures profits in the insurance and reinsurance businesses, the fund collects premium while always offsetting against collects premium while always offsetting against

the possibility of risk.

The fund collects premium from selling options, taking advantage of the passage of time value and capitalizing on high-volatility (high price) and low capitalizing on high-volatility (high price) and low

delta (low risk) options.

The fund manager makes use of probability analytics and time and price limit equations to

structure a diversified portfolio of options structure a diversified portfolio of options strategies and adjusts options positions based on the underlying market volatility over the lifespan

of the options.

The advanced option portfolio management methodology progressively combines market-

neutral, non-directional (delta-neutral) and passage of time (theta) option spreads on passage of time (theta) option spreads on

diversified assets and adjusts them over time.

Empirical Fund Managers stand at the leading edge of options management, trading technology and financial engineering. Investment decisions

are based on quantitative analysis. As quantitative are based on quantitative analysis. As quantitative fund managers the approach is to follow a set of mathematical techniques to evaluate risk, pricing

and timing in the options markets.

The fund managers specialize in the process of employing mathematical modeling skills to make

pricing, hedging, trading and portfolio pricing, hedging, trading and portfolio management decisions.

With this approach, a large amount of information is processed and made comparable, thereby facilitating the process of making objective facilitating the process of making objective

investment decisions.

More than just a measurement technique, this approach effectively integrates risk management

into the investment process.into the investment process.

Empirical Fund Managers are equipped with real-time front-to-back office systems that provide live

market data covering all cash and derivatives market data covering all cash and derivatives products in all currencies, interest rates, equities,

credit, energy and commodities.

The technology and pricing systems also provide pre-trade analysis, option spread structuring, event alerts, trade execution, risk analysis and event alerts, trade execution, risk analysis and other tools designed to boost profitability.

Real-time option quote screens display analytics and algorithmics, margining, risk management, and extensive portfolio analysis tools, including and extensive portfolio analysis tools, including

value-at-risk reporting…

… real-time unrealized profit and loss, proprietary volatility skew models and a volatility-based

margining system. This allows 24 hour monitoring margining system. This allows 24 hour monitoring of risk assessment to efficiently capitalize on

market volatility and safeguard capital.

The fund utilizes multi-bank option pricing, probability analytics, and mathematical models

for developing, testing and managing option spread strategies and stochastic volatility models spread strategies and stochastic volatility models

that facilitate dynamic hedging.

Highly liquid markets are primarily traded such as options on the major currency pairs in which the

trading volume is the highest.trading volume is the highest.

A time placement serves a very important function. It provides the fund managers with time to structure option spreads and manage positions

in which to earn passage of time value and to structure option spreads and manage positions

in which to earn passage of time value and cumulative results for the fund.

Investors in a time placement can look forward to these expected future value milestones -

2x your investment in just two years... 2x your investment in just two years... and more than 10x your investment in seven

years.

Investors must understand the program requires a commitment in time and should not be concerned commitment in time and should not be concerned

with the short-term fluctuations in fund value.

By investing in a time placement in the fund for twenty-four months, the fund is able to constantly

adjust the option portfolio and through the passage of time value per day of as little as 0.1%

adjust the option portfolio and through the passage of time value per day of as little as 0.1%

realize a future value of over 100% return on investment.

Empirical Fund Managers and the Empirical Premium Fund are both government licensed and regulated, as well as audited and administered by regulated, as well as audited and administered by

independent third parties.

Make use of our Time Placement Calculator on our website to calculate expected future value of our website to calculate expected future value of

your investment and time placement.

www.empiricalpremium.comwww.empiricalpremium.com