QBASIS FUTURES FUND. A + Alternatives Plus Limited - Exclusive Global Distributors Qbasis Futures Fund USD Shareclass D

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1 QBASIS FUTURES FUND Investing for Protection and Growth

2 QBASIS - WHAT IT IS Fully systematic Breakout Trend Recognition CTA Best possible portfolio diversifier due to negative / low correlation to stocks, bonds and all other traditional asset classes (correlation -0.24) One of the top decile performing CTAs with a retail shareclass

3 QBASIS - WHAT IT DOES Employs Early Trend Recognition and Break Out Recognition strategies across 108 liquid and exchange traded futures markets Manages downside risk by employing short term intra-day trading and V reversal protection Average annual returns of circa 25% since 2003 Downside volatility circa15%, Upside volatility >50% = Asymmetric Risk Trades twice per month with only 3 days notice

4 QBASIS - HOW IT DOES IT Qbasis Managed Futures (MF) consists of 4 strategies:! MF Trend: Global Trend Following Strategy employing early trend recognition and break-out recognition! MF Plus: Swing Reversal & Counter Trend Strategy! MF Intraday: Intra-day trading strategy designed to be highly correlated to increases in volatility! qstocks: Equity Long/Short strategy deployed on capital not used in the futures program

5 QBASIS - TIMELINE 1997 Development of 1st generation of Qbasis trading strategies (MF Trend - Ziad Chahal) 2002 Development of MF Trend and MF Plus 2003 Live trading of MF Trend, MF Plus and Intraday High Frequency strategies commences 2005 Qbasis Fund Management and Quartaurus IT-Dienstleistungs GmbH (Latterly Qbasis Invest GmbH) founded 2006 Official audited track record commences 2011 Due Diligence process completed with AlphaMetrix, leading to; 2011 Listing of Qbasis Futures Fund on the AlphaMetrix platform as a Transparent Fund 2013 Due Diligence process completed with Deutsche Bank / Mercer, leading to; 2013 Qbasis itrend listed on Deutsche Bank DB Select platform (top performing fund on DB Select as of Feb 2014) 2013 Qbasis Invest GmbH officially licensed as a recognised investment firm in Austria 2014 qstocks Equity long/short strategy fully deployed

QBASIS - WHO S WHO Qbasis Invest - Management Florian Wagner has over 10 years experience trading financial futures and derivatives and has overseen the entire system development team at Qbasis

It was during his medical studies at the Medizinische Universität Graz that he discovered that some of the signal processing mechanisms and neural structures in the human body could also be

In 2002, he codeveloped the MF Plus strategy and founded a research team that evaluated more than 200 trading strategies from system development companies in Asia, Europe and the US.

6 QBASIS - WHO S WHO Qbasis Invest - Management Florian Wagner has over 10 years experience trading financial futures and derivatives and has overseen the entire system development team at Qbasis Invest since inception in It was during his medical studies at the Medizinische Universität Graz that he discovered that some of the signal processing mechanisms and neural structures in the human body could also be applicable to financial markets. In 2002, he codeveloped the MF Plus strategy and founded a research team that evaluated more than 200 trading strategies from system development companies in Asia, Europe and the US. These evaluations led to the development of the MF Trend strategy in cooperation with Ziad Chahal. In 2005 Mr. Wagner founded Qbasis Fund Management. He also serves as a lecturer and well-respected industry spokesperson at various industry conferences. Philipp A. Pölzl is a graduate of Karl-Franzens Universität Graz, Austria. He received master s degrees in law, specialising in the areas of commercial law and tax law and in financial & industrial management with a focus on the areas of banking, finance and risk management. During his studies, he also studied investment and portfolio management at Texas Tech University in Lubbock, Texas. In 2005, Mr. Pölzl cofounded Qbasis Fund Management. He is now responsible for legal and operational matters. Additionally, Mr Pölzl has been a guest lecturer on Alternative Investments at the Alpen-Adria-Universität in Klagenfurt since 2009.! Christian Gröss has over 20 years experience in the financial industry. On the way to becoming a regional authorised officer of Raiffeisen Bank, Christian acquired broad industry experience covering all areas of banking and finance. Latterly, as Sales Director for Superfund, Christian gained further experience in the field of systematic strategies before joining Qbasis in 2006 as Head of Sales. Mr. Gröss is also a visiting lecturer at the Alpen-Adria-Universität in Klagenfurt since 2009.

From 1997 to the end of 2001, Dr. Sedlnitzky was also a member of the Management Board of UNIQA and their predecessor companies.

7 QBASIS - WHO S WHO Dr. Christian Sedlnitzky (Risk Management Officer): Christian Sedlnitzky served as a member of the Executive Board of Raiffeisen insurance between 1985 an 2009, as part of a 100% subsidiary bank of UNIQA. From 1997 to the end of 2001, Dr. Sedlnitzky was also a member of the Management Board of UNIQA and their predecessor companies. Previously, he served as a deputy to the Chairman and CEO of Raiffeisen since Prior to his insurance career, from 1976 Dr. Sedlnitzky worked as a consultant and secretary at the Austrian Federal Economic forum. After completing his PhD in Social and Economic Sciences in 1974, he served as Deputy Managing Director of the Styrian Economic Society. Dr. Christian Tuscher, L.L.M. (Compliance Officer): Christian Tuscher is a lawyer and business strategy consultant by profession. After completing his law degree at the Karl Franzens University in Graz, Dr Tuscher wrote his dissertation on an international comparison of the duties of care of the directors of a listed Bank AG". The paper was subsequently published because of its quality and potential for practical implementation by the German publisher "VDM Dr. Müller". Internships in Toronto, Canada and a postgraduate course at the University of Vienna followed, concluding with a "Master of Law qualification. Hannes Dolzer (Internal Audit): Hannes Dolzer completed his MBA in finance at the Karl-Franzens University in Graz. In addition, he successfully completed various seminars in financial advisory related areas. He is chairman of the Financial Services Division of the Economic Chamber of Styria and teaches both at the Chamber of Commerce and on the WIFI.

8 QBASIS - WHAT TO EXPECT Consistent returns month after month? NO, Qbasis is a strategy with a long-term positive expected return and some of the highest annual returns available from any investment but consistent monthly returns are NOT to be expected! With the recent collapse of several Thanksgiving Turkey funds of late, advisers should learn from these failures and consider the long term view rather than chasing short-term performance Source: The Black Swan

9 QBASIS - WHAT TO EXPECT Liquidity Managed Futures are the most liquid form of investment strategy available. Even in the worst crises in modern times, Qbasis was able to offer the exact same twice-monthly liquidity with NO gates, side pockets or lock-ins.

10 QBASIS - WHAT TO EXPECT Short-term investors look elsewhere Qbasis is expected to deliver lumpy returns. That is to say, there can be periods of no returns or small losses (small relative to the upside potential) followed by periods of considerable gains, often in a short space of time and indeed when most necessary in a portfolio

11 QBASIS - WHAT TO EXPECT Robustness Testing a systematic strategy such as the Qbasis Futures Fund going back over 40 years of data will show that there were many periods such as the recent underperformance of CTAs where almost nothing appeared to be working and then, invariably, we suddenly witness huge run-ups where the NAV goes up % and hits a new high. Drawdowns inevitably occur in the meantime and these are difficult for investors to deal with. However, as long as drawdowns are kept in check, the overall returns will be hugely positive over the long term and it is the end result that matters! Performance shown is of a US based CTA similar to Qbasis for illustrative purposes only

12 QBASIS - WHAT TO EXPECT A form of portfolio risk reduction / insurance Qbasis has one of the highest negative correlations to equities in the industry and this means that over time Qbasis is one of the most effective tools available in the entire fund management industry for reducing risk in a portfolio and increasing returns. This doesn t mean that every time stocks have a sell off Qbasis will make money but over a reasonable timeframe it can be expected to capture the fat tails that exist in market distributions, therefore delivering smooth returns on an overall portfolio level The 10 worst recent declines in stocks vs. Qbasis 60.00%& 50.00%& 40.00%& 30.00%& 20.00%& S&P/500& Qbasis/MF/Trend/Plus& 10.00%& 0.00%& Okt/2008&Feb/2009&Sep/2008&Jun/2008&Jan/2009&Mai/2010&Nov/2008&Sep/2011&Mai/2012&Jan/2008&!10.00%&!20.00%&!30.00%&

13 QBASIS - WHY NOW? The likely end of Quantitative Easing Global banking sector under severe strain Continued uncertainty in bond markets Volatility predicted to rise Concern about future direction of equity markets Traditional hedges such as Gold & Silver no longer bulletproof

14 QBASIS SNAP-SHOT 20th June 2013 Stocks down circa -3% Qbasis up +12%

15 QBASIS - WHY NOT? Common objection to CTAs: They are just too volatile 50.00%& 40.00%& At least you get something in return. Equities have lots of downside with comparatively little upside 30.00%& 20.00%& 10.00%& 0.00%&!10.00%&!20.00%&!30.00%&!40.00%& Qbasis& Equities& Annual4return& Worst4Drawdown&!50.00%&!60.00%&!70.00%&!80.00%&!90.00%&

16 QBASIS - WHY NOT? Qbasis protects traditional portfolios better than other CTAs 1900# 1700# 1500# 1300# 1100# QBASIS,PORTFOLIO# CTA1,PORTFOLIO# CTA2,PORTFOLIO# 900# 700# 500# Mar/,07# May/,07# Jul/,07# Sep/,07# Nov/,07# Jan/,08# Mar/,08# May/,08# Jul/,08# Sep/,08# Nov/,08# Jan/,09# Mar/,09# May/,09# Jul/,09# Sep/,09# Nov/,09# Jan/,10# Mar.,10# May/,10# Jul/,10# Sep/,10# Nov/,10# Jan/,11# Mar/,11# May/,11# Jul/,11# Sep/,11# Nov/,11# Jan/,12# Mar/,12# May/,12# Jul/,12#

17 QBASIS - SUMMARY Fully Systematic No Guessing No Gambling No Prediction No Speculation No Conjecture No Prophecy No Supposition No Presumption Proven track record Circa 25% annualised since 2003 Break-out recognition allows for significant positive returns in trending markets Winner - BarclayHedge Top Performing CTA over 5 Years ranked by annual return 5 years ending March 2012! Robust and Liquid Trades twice per month with only 3 day s notice Highly effective risk control - Maximum exposure only an average of 0.17% of capital per trade Diversified across over 100 liquid and exchange traded futures!!

18 QBASIS FUTURES FUND Disclaimer: This document does not constitute any offer or invitation or any solicitation of any kind to purchase or subscribe for any shares or other securities. The information set forth herein is not sufficient for the purposes of making an investment decision. This presentation has been approved for distribution internationally by Alternative Plus Limited (F.T. Labuan) (Company number: LL06530) which is registered under the Offshore Companies Act, Alternatives Plus Limited makes no representation as to the accuracy or completeness of any information contained herein or otherwise provided by it. Alternatives Plus Limited expressly disclaims any and all liability for the contents of or omissions from this document. No representations or warranties are made as to the accuracy of statements or estimates of anticipated performance. This document and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in part without Alternatives Plus Limited s prior written consent.

BH-DG Systematic Trading LLP

BH-DG Systematic Trading LLP Commodity Trading Advisors (CTAs) provide advice and services related to trading and investment strategies utilizing futures contracts and options on futures contracts on a wide variety of physical goods