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2 Growth of $100,000 Performance Metrics Average 2016 Winning Month 1.71% Average Losing Month 0.50% Max Consecutive Wins 5 Max Consecutive Losses 1 Maximum Draw Down -0.46% Max Draw Down / Average Profit 0.29 Return Statistics Last Month Month ROR 3.08 Year To Date Compound Annual Growth Rate Winning Months (%) 87.5 Growth of $100,000 assumes the reinvestment of all profits and do not include performance fees. Gross Monthly Returns Risk Statistics Sortino Ratio Calmar Ratio Profit Factor Expectancy Probability of Ruin % Returns are gross of performance fees Investment Summary Inception Date: Jan 2016 Website: lefcapital.com Phone: ClientRelations@lefcapital.com Monthly Performance Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year *Yearly returns are compounded. No positions were closed until Mar Gross Returns YTD 3-Months 6-Months YTD 10.99% 3 Months 3.08% 6 Months 1 Years 9.28% Since Inception *Returns are non-compounded. Past results are not necessarily indicative of future results.

3 About LEF Capital LEF Capital Advisors LLC (LEF), the Commodity Trading Advisor (CTA), is a New York Limited Liability Corporation that was CTA registered on June 1, 2007, for the purpose of providing Wealth Accumulation management services to individuals and institutions. Leslie E. Fourton is the President of LEF, and on June 1, 2007, Mr. Fourton was listed as a Principle of LEF (Individual ID # ). On June 1, 2007, LEF Capital Advisors LLC (Firm NFA ID # ) was registered with the Commodity Future Trading Commission (CFTC). On January 26, 2007, Leslie E. Fourton registered as a Floor Broker at the New York Board of Trade. On February 21, 2012, LEF became an approved Associate Member with the National Futures Association. On February 21, 2012, Mr. Fourton became an approved Associate Member with the National Futures Association (NFA). During that time, the business activities of the CTA, and by the Associate Member Mr. Fourton consisted of working professionally for private clients on the trading floors as a Floor Broker, and member of the exchanges of the New York Board of Trade, Intercontinental Exchange (ICE), and COMEX, a division of the Chicago Mercantile Exchange Group. In addition, Mr. Fourton also provides financial market expertise as a Subject Matter Expert (SME) for the Market Technicians Association (MTA) in New York for the Chartered Market Technician (CMT) designation. Key Notes Assets Assets are held in the client s name at the broker. The client s broker account is linked to the LEF Capital account for trade management. The client maintains full control and access of their broker account. Performance Fees Based on Results Performance is the key to the client relationship and our trading results are a testimony to our success. We do not take a performance fee if our strategies are not creating positive results. Account Statements Clients have access to their broker reports and trade activity for full transparency of their investment. LEF Capital provides a self-service web site for clients to retrieve their current account information. No Entry or Exit Fees Road Trip Trade Strategy Summary The Road Trip strategy is a low draw down strategy based on a bearish Broken Wing Butterfly option spread using SPX, E-mini futures options and other liquid underlying symbols. The strategy was designed to be suitable for having open while the trader was on a road trip and away from their computer. The trade uses time diversification to smooth the effects of volatility shocks in the market. The trade has little initial risk to the upside and is easily converted to a profitable trade if the market rises. If the markets are unchanged, profits are generated due to the rapid time decay of option premiums. Yields can be excellent in these situations. In down markets, the trade is protected with contingent orders to fill various defensive strategies such as put debit spreads, long puts or short futures. The trade is placed below the market and is very wide. This enables the trade to withstand a substantial amount of market movement. Losses are small, infrequent and easily recovered. Various other strategies are employed in conjunction with the Road Trip strategy to enhance returns and keep the overall portfolio of open positions with minimum market risk with good profit potential. Minimum Investment $50,000 USD Performance Fee 20% of profits, paid quarterly High Watermark Policy Management Fee 1.2% per annum, paid monthly No management fee in the first six months

4 Transparency Road Trip Trade Strategy Summary LEF Capital Advisors LLC promotes total transparency with our clients. Our clients maintain control of their capital at all times in their own broker account. LEF Capital is only granted trading permissions and the ability to view reports. If our clients want to leave, they simply disconnect the LEF Capital advisor account with their own broker account. No funds transfer are required as each client maintains their capital in their own account. Because each client has their own broker account, they can always see what trades are open, account balances, margin used, margin available and all reports available to the account owner. In addition, LEF Capital has a private client website that has current information about the account, including the current high water mark, current quarter profits generated and more information. In addition, LEF Capital makes periodic screen shots of the current trades available in the client website so each client knows how their trades will react to market movement. This is a screen shot of the private client website available to all clients: Key Notes Client Website Demo Login You can login to our client web site to see what each client has access to. demo@lefcapital.com Password: demo123

5 LEF Capital Advisors LLC 360 East 72nd Street New York, NY Phone: Website: LEFCapital.com Disclaimer LEF Capital Advisors LLC Information Disclosure This material has been prepared by a sales or trading clerk or agent of LEF Capital Advisors and is, or is in the nature of, a solicitation. This material is not a research report prepared by LEF Capital Advisor s Research Department. By accepting this communication, you agree that you are an experienced user of the futures and/ or options markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions. DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECT- LY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITA- TION. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not necessarily indicative of future results. Trading advice is based on information taken from markets, trades and statistical services and other sources that LEF Capital Advisors believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.

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