Dynamic US Large Cap Portfolio

INVESTMENT OBJECTIVE

The Dynamic US Large Cap Portfolio seeks to outperform Hedge Funds with a secondary objective of protecting the downside using a dynamic hedging strategy.

AS OF 10/31/2017

TRADE ALERTS

RISK: LOW

ALERT DATE: 11/19/2017

TRADE DATE: 11/30/217

iShares Core S&P 500 ETF (IVV)

NO TRADE

iShares 1-3 Year Treasury Bond ETF (SHY)

NO TRADE

HOLDINGS

TICKER

SHARES

PRICE

VALUE

WEIGHT

iShares Core S&P 500

IVV

485

$258.81

$125,523

96.8%

iShares 1-3 Year Treasury Bond

SHY

0

‚Äč

$0

0.0%

Cash

$4,099

3.2%

TOTAL

$129,622

100.0%

Pending Settlement: Buy 15 IVV @$259.14. Trade Date: 10/31/2017. Settlement Date: 11/02/2017.  Reinvested Cash.

MONTHLY RETURNS

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

YTD

2017

1.71%

3.89%

0.11%

0.94%

1.36%

0.65%

2.02%

0.27%

1.98%

2.25%

16.20%

2016

0.91%

1.59%

-0.06%

0.79%

1.61%

1.95%

0.05%

0.01%

-1.75%

3.61%

2.12%

11.26%

Proximity Capital, LLC ("Proximity") is the owner of www.theAlphaAdviser.com website (the "Site"). Proximity is not a registered investment advisor. All information, data and analysis contained on the Site are provided "AS IS" and without warranty of any kind, either expressed or implied. All information is for informational purposes only and is not a recommendation to buy or sell a security. All information on the Site is believed to be accurate but the accuracy is not guaranteed. Under no circumstances shall Proximity be liable to you for any damages arising from the use of this site. Information on this Site can change without notice. Proximity, its employees or affiliates may have positions in the securities discussed on the Site and may purchase or sell securities without prior notice. See Disclaimer.

The performance data shown represent past performance, which is not a guarantee of future results. The performance results from January 31  2016 to the end of the most recent calendar month represent the performance of one fully discretionary proprietary separate account that did not pay any fees with at least one month of full performance. The performance results reflect realized and unrealized appreciation and the reinvestment of dividends, interest, and capital gains. Taxes have not been deducted. Commissions and ETF management fees have been deducted from the performance. Monthly returns are calculated using the Modified Dietz Method. Hedge Funds: the average of (Morningstar Long-Short Equity Category, Multialternative Category, Managed Futures Category, Market Neutral Category, and Option Writing Category) . Source: Proximity Capital, LLC, Morningstar.

Effective October 31, 2017, the TRADE DATE will be the last business day of the month and the ALERT DATE will be the day before the last business day of the month at the close of the day. Prior to October 31, 2017, the TRADE DATE was the first business day of the month and the ALERT DATE was the last business day of the previous month at the close of the day.Effective January 2, 2017 the bond allocation was changed from the iShares 7-10 Year Treasury Bond ETF (ticker: IEF) to the iShares 1-3 Year Treasury Bond ETF (ticker: SHY).  Effective January 2, 2017, the risk levels that determine the monthly asset allocation were changed from 5 levels (0%, 25%, 50%, 75%, 100%) to 3 levels (0%, 50%, 100%).