Trajectory is an institutional asset manager that was founded in 2003. We registered under the Advisers Act with the SEC in 2004. The firm is wholly owned by its principal, Juan Ocampo. Trajectory is a recognized innovator in the field of quantitative asset management. Trajectory manages the 2020 High Watermark Fund, which provides investors with protection of their Highest Daily Value (HDV) if held to maturity. We employ our proprietary strategy as sole subadvisor to the Fund, which was launched by SunAmerica Mutual Funds in 2004. In 2008 the firm was granted US Patent No. 7,398,243 for our HDV investment methodology. In March 2011 we launched the Trajectory Currency Regime Strategy to provide risk-controlled participation in foreign currencies. This absolute return strategy seeks alpha in both risk-on and risk-off markets, with low correlation to other asset classes and FX strategies. In September 2012 we launched the Equity Regime Strategy, an absolute return program that seeks to provide risk-controlled returns from participation in equity index derivatives and volatility index derivatives. Our client base is exclusively institutional and includes registered investment companies (mutual funds) and separately managed accounts.