Dear Investor:

Highland Financial Group is proud to offer White Indian Trading Company Limited. We are one of the first Introducing Brokers to feature the STAIRS program from White Indian. With White Indian's head trader Robb Ross' 25 years of programming and trading experience, it's our opinion that few traders are as well suited to handle today's market volatility. We feel as though this program is very well positioned to profit in the current market environment! Past performance is not indicative of future results.

Methodology
In its evaluation of the markets, White Indian will generally utilize an intermediate counter trend trading strategy. Successful speculative commodity trading depends upon establishing a position and then maintaining the position while the market moves in a favorable direction. The trader then seeks to exit the particular market and/or may establish reverse positions when the anticipated counter trend either does not materialize or reverses. Trading will not normally be successful if the particular market is trading in an extended trend opposite of the position taken. Because of the nature of the commodities markets, prices frequently appear to be trending when the market is, in fact, without a trend. In addition, a particular trading method may identify markets as trending favorably to a particular position in the market even though actual market performance thereafter is the reverse of the trend identified.

A counter trend following trading strategy seeks to take advantage of the markets intermediate term up and down movements. However, there can be no assurance that profitable positions can be liquidated at the most favorable price in a particular counter trend. The method seeks to close out a majority of trades as winners. WHITE INDIAN's trading strategy is to identify a counter trend and initiate a position until a neutral or opposite counter trend signal is generated. The position is then closed out or reversed.

Monthly Summary of Returns of the CTA's Client Account(s) (Net of Fees)

Net Monthly Summary of Returns of the CTA's Proprietary Account (Net of Fees)

Note: Past performance is not necessarily indicative of future results. One must be aware that the possibility of unlimited loss exists in writing options.