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Nova  Simulated Monthly Performance Golden Globe Asset Management Performance Update Golden Globe Asset Management, Inc. November 2009 www.goldenglobe.us Inquiries: Golden Globe Asset Management, Inc. Christy Harding-Smith [email_address] www.goldenglobe.us The Selection Process     NOVA and Starburst are multi-manager/multi-strategy hedge style portfolios.  With 25 years of investment experience, our trading manager knows that it is not how a program performed in the past that matters; it is how it will perform in the projected economic environmental conditions that will make it successful.  When selecting traders for our portfolios, she must go through a series of due diligence interviews that involve more than one face-to-face interview; at least one of which must be in the trader’s office.  The questions asked are customized to suit the strategy that the trader employs and is honed to develop a thorough understanding of the systems and processes that the trader goes through before making a trade.   The information derived from this series of questioning is compared to our economic forecasts.  How will the trader’s market sector perform overall?  Will the strategy employed outperform its peers?  How will it interact with our current portfolio?   Information is also gathered pertaining to the trader’s corporate structure, regardless of size.  How much of the trader’s time spent on administrative duties?  In the case that the trader may be incapable of completing his duties due to health or other issues, who makes the trading decisions and what are their credentials?   After an account is opened, periodic discussions are imperative to stay abreast of changes in the methodology, corporate structure or even health issues of key decision makers which play an important factor in the stability of every investment firm. Nova  Simulated Monthly Performance 1707 Histogram of Simulated Monthly Returns Christy Harding-Smith Jan. Feb. Mar. Apr. May Jun Jul Aug Sept Oct Nov Dec. Total Ann Ret. 2003 3.96 12.41 8.12 3.08 6.43 6.13 1.13 3.21 5.19 3.75 2.06 2.79 58.25 2004 5.69 6.60 1.24 4.39 2.78 1.61 4.48 3.85 10.07 5.94 3.97 2.55 53.15 2005 0.54 1.82 3.37 0.25 1.81 3.61 2.08 6.99 3.21 -0.11 4.13 1.62 29.31 2006 1.82 0.39 2.32 5.62 2.52 1.46 1.25 3.40 2.06 2.18 2.22 4.64 29.32 2007 4.62 2.83 0.12 3.71 8.64 6.20 -0.76 2.43 4.51 3.52 1.10 3.63 40.57 2008 0.96 1.83 3.34 3.79 0.92 1.97 -1.72 -0.28 2.40 1.60 0.64 2.36 17.82 2009 1.86 2.50 -0.56 1.11 12.19 -3.04 2.64 4.31 4.61 -1.40 24.33
Starburst Simulated Monthly Performance Page 2 of 2 Simulated Draw Down Analysis  The Starburst Portfolio Golden Globe asset management Performance Update Depth   Length Recovery   Peak   Valley 3.24  2   3  12/01  2/02 3.05  2   1  9/02  11/02 2.77  1   n/a  9/09  10/09 From January 1990 to March 1998, the hedge fund industry's assets grew twenty fold, from $20 billion  to over $400 billion.  Over the same period, the number of hedge funds increased from 200 to over 3,000.  Many of us have read periodic reports in the press about hedge funds that generate outsized returns and influence global markets.  Assets are flowing to hedge funds at an increasing rate because institutions and individuals alike see hedge funds as an integral part of their overall investment approach.  By providing exposures that investors may not have, hedge funds allow these investors to further diversify their investment portfolios, protect against risks inherent in traditional stock market approaches, and realize excess returns.  The specialized strategies that hedge fund managers employ provide access to markets around the globe.  But, they do not all pursue the same investment approach or provide the same exposures.  Real-time information and technological progress have allowed numerous small money management operations to use hedge fund strategies to take advantage of opportunities created by the changing global economy.  Alternative investment strategies allow managers to capitalize on market inefficiencies created by rapid global economic change in a way that traditional long term investment strategies cannot.  Most hedge fund managers are specialized.  They attract investors by exhibiting a high level of expertise in that strategy.  Today, the majority of hedge funds are run by managers who succeed by creating informational, statistical, or strategic advantages that allow them to turn market inefficiencies into profits. Golden Globe Asset Management, Inc. structures and manages hedge funds with a unique concept in managed assets; we put the clients’ needs first.  Our most important priority is maintaining clients’ capital.  Through diversification of trading strategies in alternative investments, we have been successful in comprising hedge style portfolios with exceptionally low volatility and exceptionally high returns. Jan. Feb. Mar. Apr. May Jun Jul Aug Sept Oct Nov Dec. Total Ann Ret. 2003 4.82 1.14 -0.19 1.25 3.86 6.81 -1.15 -0.49 2.44 3.03 -0.64 3.68 24.56 2004 3.30 3.32 1.50 0.467 -0.15 -0.03 1.05 0.82 0.93 0.72 2.77 0.14 14.84 2005 -0.56 -0.02 0.61 -1.22 0.78 0.86 1.09 2.85 1.38 0.55 3.49 0.91 10.74 2006 0.26 -0.31 0.99 3.83 0.96 -0.76 -0.58 3.75 1.89 0.74 1.93 1.90 14.59 2007 1.39 -1.11 -0.44 1.82 4.44 1.90 -1.24 0.43 0.66 0.81 0.40 0.49 9.56 2008 1.67 0.20 1.23 0.39 0.22 0.43 -2.08 1.09 2.24 1.94 034 1.37 8.54 2009 0.28 1.50 -1.56 3.03 6.64 0.03 -0.18 3.09 2.01 -2.77 12.07 Simulated Performance History Average Annual Return   13.89% Highest Monthly Return   6.81% Average Monthly Return   1.16% 12 Month Rolling Return   13.78% Largest Peak to Valley   3.24% Recovery period   3 month

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Newsletter Nov09

  • 1. Nova Simulated Monthly Performance Golden Globe Asset Management Performance Update Golden Globe Asset Management, Inc. November 2009 www.goldenglobe.us Inquiries: Golden Globe Asset Management, Inc. Christy Harding-Smith [email_address] www.goldenglobe.us The Selection Process     NOVA and Starburst are multi-manager/multi-strategy hedge style portfolios. With 25 years of investment experience, our trading manager knows that it is not how a program performed in the past that matters; it is how it will perform in the projected economic environmental conditions that will make it successful. When selecting traders for our portfolios, she must go through a series of due diligence interviews that involve more than one face-to-face interview; at least one of which must be in the trader’s office. The questions asked are customized to suit the strategy that the trader employs and is honed to develop a thorough understanding of the systems and processes that the trader goes through before making a trade.   The information derived from this series of questioning is compared to our economic forecasts. How will the trader’s market sector perform overall? Will the strategy employed outperform its peers? How will it interact with our current portfolio?   Information is also gathered pertaining to the trader’s corporate structure, regardless of size. How much of the trader’s time spent on administrative duties? In the case that the trader may be incapable of completing his duties due to health or other issues, who makes the trading decisions and what are their credentials?   After an account is opened, periodic discussions are imperative to stay abreast of changes in the methodology, corporate structure or even health issues of key decision makers which play an important factor in the stability of every investment firm. Nova Simulated Monthly Performance 1707 Histogram of Simulated Monthly Returns Christy Harding-Smith Jan. Feb. Mar. Apr. May Jun Jul Aug Sept Oct Nov Dec. Total Ann Ret. 2003 3.96 12.41 8.12 3.08 6.43 6.13 1.13 3.21 5.19 3.75 2.06 2.79 58.25 2004 5.69 6.60 1.24 4.39 2.78 1.61 4.48 3.85 10.07 5.94 3.97 2.55 53.15 2005 0.54 1.82 3.37 0.25 1.81 3.61 2.08 6.99 3.21 -0.11 4.13 1.62 29.31 2006 1.82 0.39 2.32 5.62 2.52 1.46 1.25 3.40 2.06 2.18 2.22 4.64 29.32 2007 4.62 2.83 0.12 3.71 8.64 6.20 -0.76 2.43 4.51 3.52 1.10 3.63 40.57 2008 0.96 1.83 3.34 3.79 0.92 1.97 -1.72 -0.28 2.40 1.60 0.64 2.36 17.82 2009 1.86 2.50 -0.56 1.11 12.19 -3.04 2.64 4.31 4.61 -1.40 24.33
  • 2. Starburst Simulated Monthly Performance Page 2 of 2 Simulated Draw Down Analysis The Starburst Portfolio Golden Globe asset management Performance Update Depth Length Recovery Peak Valley 3.24 2 3 12/01 2/02 3.05 2 1 9/02 11/02 2.77 1 n/a 9/09 10/09 From January 1990 to March 1998, the hedge fund industry's assets grew twenty fold, from $20 billion to over $400 billion. Over the same period, the number of hedge funds increased from 200 to over 3,000. Many of us have read periodic reports in the press about hedge funds that generate outsized returns and influence global markets. Assets are flowing to hedge funds at an increasing rate because institutions and individuals alike see hedge funds as an integral part of their overall investment approach. By providing exposures that investors may not have, hedge funds allow these investors to further diversify their investment portfolios, protect against risks inherent in traditional stock market approaches, and realize excess returns. The specialized strategies that hedge fund managers employ provide access to markets around the globe. But, they do not all pursue the same investment approach or provide the same exposures. Real-time information and technological progress have allowed numerous small money management operations to use hedge fund strategies to take advantage of opportunities created by the changing global economy. Alternative investment strategies allow managers to capitalize on market inefficiencies created by rapid global economic change in a way that traditional long term investment strategies cannot. Most hedge fund managers are specialized. They attract investors by exhibiting a high level of expertise in that strategy. Today, the majority of hedge funds are run by managers who succeed by creating informational, statistical, or strategic advantages that allow them to turn market inefficiencies into profits. Golden Globe Asset Management, Inc. structures and manages hedge funds with a unique concept in managed assets; we put the clients’ needs first. Our most important priority is maintaining clients’ capital. Through diversification of trading strategies in alternative investments, we have been successful in comprising hedge style portfolios with exceptionally low volatility and exceptionally high returns. Jan. Feb. Mar. Apr. May Jun Jul Aug Sept Oct Nov Dec. Total Ann Ret. 2003 4.82 1.14 -0.19 1.25 3.86 6.81 -1.15 -0.49 2.44 3.03 -0.64 3.68 24.56 2004 3.30 3.32 1.50 0.467 -0.15 -0.03 1.05 0.82 0.93 0.72 2.77 0.14 14.84 2005 -0.56 -0.02 0.61 -1.22 0.78 0.86 1.09 2.85 1.38 0.55 3.49 0.91 10.74 2006 0.26 -0.31 0.99 3.83 0.96 -0.76 -0.58 3.75 1.89 0.74 1.93 1.90 14.59 2007 1.39 -1.11 -0.44 1.82 4.44 1.90 -1.24 0.43 0.66 0.81 0.40 0.49 9.56 2008 1.67 0.20 1.23 0.39 0.22 0.43 -2.08 1.09 2.24 1.94 034 1.37 8.54 2009 0.28 1.50 -1.56 3.03 6.64 0.03 -0.18 3.09 2.01 -2.77 12.07 Simulated Performance History Average Annual Return 13.89% Highest Monthly Return 6.81% Average Monthly Return 1.16% 12 Month Rolling Return 13.78% Largest Peak to Valley 3.24% Recovery period 3 month