Objective: To achieve superior after-tax returns relative to the equity market over the long term.

Philosophy:  Combine long term growth with proven inefficiencies to outperform the market.

Strategies: The strategies currently capitalized on are: Value, Momentum, Beta Slippage, and Contango.  The managers believe Value and Momentum exist due to human's inherent behavioral biases while Beta Slippage and Contango are products of poorly constructed exchange traded products.

Quantitative value and momentum investments are identified through a proprietary set of advantageous rules i.e CAPE, EV/EBITDA, and intermediate term price changes.  If an active exchange traded fund invests within the guidelines of the Value and Momentum framework then HIT Capital utilizes the ETF to capture an additional tax advantage.

The Structurally flawed exchange traded products are generally identified using industry specific knowledge, e.g. recognizing a product which greatly under performs its benchmark. Once identified, the product is thoroughly back tested to simulate historical trading and if successful a trading model is designed to optimize potential profits.

In support of the aforementioned strategies, the fund opportunistically invests across multiple sectors and markets.  The fund is long biased in order to capture global economic growth and the effects of inflation.

Risk Management: The fund plans to maintain a net exposure of ~100%. This is done with solely long positions or a combination of long and short positions. If the latter is used, the gross exposure may exceed 120%. When the market moves against the fund's positions, and exposure naturally climbs, the positions will be reduced to maintain an exposure of 180% or less.

 The information contained in this report is intended for informational purposes only and is qualified in its entirety by the more detailed information contained in the HIT Capital LLLP offering memorandum.  This report is not an offer to sell or a solicitation of an offer to purchase any investment product, which can only be made by the offering memorandum.  An investment in the Fund involves significant investment considerations and risks which are described in the Offering Memorandum.The strategy and objective represents a speculative investment and may involve a high degree of risk. A partner may lose all or part of their investment. There is no assurance that the fund will achieve its strategy or investment objectives.