Investment Program Description
The Devrim managed forex account program is managed by Devrim Akyil, who was educated in Turkey where he received his MBA. Mr. Akyil started his trading career over a decade ago, refining his trading skills while at work for major banking institutions in Europe. Devrim became an independent broker for selected high net worth individuals and in September 2006 he initiated a managed account program by demand of his clients, the results of which have surpassed all his expectations.
Devrim’s trading strategy trades mostly major currency pairs, seeking short-term profits while constantly assessing risk factors. Probably Devrim’s strongest traits are his discipline, which enables him to virtually eliminate the emotion from trading decisions. The trader uses Fibonacci levels, moving averages and proprietary indicators developed by Mr. Akyil.
Consistency is the main objective and therefore a conservative approach to trading is adhered to. The commission charged is $60 per million USD traded and minimum account size is the $5,000. Below is a monthly recap of the trading system net of commissions and incentive fees, which are 30% of new high watermark profits. There is no management fee.

Devrim Compounded Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD Year
                  4.36% 3.52% 2.43% 10.66% 2006
3.66% 2.72% 2.73% 2.56% 2.63% 2.29% 2.02% 2.84% 2.43% 0.21% 3.52% 1.91% 34.01% 2007
0.83% 1.98% 2.31%                   5.20% 2008
YTD 2008 Performance 5.20%
Average Monthly Return 2.35%
Annual Standard Deviation 3.51%
Monthly Standard Deviation 0.98%
Months Profitable % 100%
Average Gain in Profitable Months 2.35%
Average Loss in Unprofitable Months N/A
Sharpe Ratio(Risk Free Rate of 3%) 7.94
Max Leverage Ratio 30:1
Average Holding Period (days) 1-10
Maximum intra-month Drawdown -17%
Assets Under Management >$5Mill

PAST PERFORMANCE IN NOT AN INDICATION OF FUTURE PERFORMANCE

The FCM that DevrimFX clears through is registered as a futures clearing merchant (FCM), regulated by the Commodity Futures Trading Commission and the National Futures Association, acts as the clearing agent and is the custodian for all customer funds. As such, it offers unique advantages, providing tools so that the trader can manage the equity allocated to their program utilizing the FCM's risk management and execution systems.


Data presented is from actual trading, net of all fees and the results are compounded.

   

The FCM may act as counterparty to your forex transactions. Past performance is not necessarily indicative of future results. There are substantial risks associated with leveraged products and additional risks with off-exchange transactions such as those in this managed forex account program.

"Please read the Risk Disclosure"

FOREX RISK DISCLOSURE STATEMENT

The risk of loss in trading Forex can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. In considering whether to trade or to authorize someone else to trade for you, you should be aware of the following:The high degree of leverage that is often obtainable with Forex can work against you as well as for you. The use of leverage can lead to large losses as well as gains. In some cases managed accounts are subject to substantiual charges for management and advisory fees. It may be necessary for those acccounts that are subject to these charges to make substantial profits to avoid depletion or exhaustion of their assets. This brief statement cannot disclose all the risks and other significant aspects of the markets.You should also be aware that this trading advisor may engage in transactions on markets located outside the United States, these may be subject to regulations which offer different of diminished protection. Further, United States regulatory authorities may be unable to compel the enforcement of the rules of regulatory authorities or markets in non-United States jurisdictions where our transactions may be effected. Before you trade you should inquire about any rules relevant to your particular contemplated transactions and ask the firm with which you intend to trade for details about the types of redress available in both your local and other relevant jurisdictions.

The trading advisor is prohibited by law from accepting funds in the trading advisor's name from a client for trading. You must place all funds for trading in this trading program directly with a Futures Clearing Merchant.