M&R’s Livestock Trading Program finished the year +22.05% (client composite returns, net of fees) while averaging only about 3% in margin-to-equity usage!

About M&R:
M&R Capital, LLC (“M&R”) is a Memphis-based Commodity Trading Advisor that focuses primarily on agricultural commodity markets with particular emphasis on the livestock sector. Fundamental analysis is relied upon to help determine trading opportunities. Factors such as US and world supply and demand, weather, changes in consumption patterns, political issues, and currency relationships are monitored closely. The Advisor is comfortable trading both sides
of the futures and options markets, and is almost always involved in the markets.

M&R currently manages over $18 million USD in assets and trading level. M&R’s managed account offering, the Livestock Trading Program, is a discretionary Managed Futures investment program.

For more information about the Coquest CTA Challenge or for more information about the Managers in the CTA Challenge, please visit www.ctachallenge.com or email ctachallenge@coquest.com.