Trade Through the Eyes of Veteran Floor Trader Yra Harris!

Research Services to help grow capital and derive yield through real wealth investments and trading opportunities.

Trade through the eyes of veteran Floor Trader Yra Harris!

Target 10% - 12% annually in USD terms, with outperformance relative to industry benchmark indices at lower risk, and through businesses with strong corporate social responsibility (CSR) September 2019 programs that address environment, social and governance (ESG) factors towards socially responsible investing (SRI). cedarportfolio.com © The Cedar Portfolio All Rights Reserved. 1 Disclaimer

• This information and material contained in this presentation is of a general nature and is intended for educational purposes only. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. This presentation does not constitute a recommendation or a solicitation or offer of the purchase or sale of securities. Furthermore, this presentation does not endorse or recommend any tax, legal, or investment related strategy, trading related strategy or model portfolio. The future performance of an investment, trade, strategy or model portfolio cannot be deduced from past performance.

• As with any investment , trade, strategy or mode portfolio, the outcome depends upon many factors including: investment or trading objectives, income, net worth, tax bracket, risk tolerance, as well as economic and market factors. Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment or trading loss. Economic forecasts set forth may not develop as predicted and there can be no guarantee that investments, trades, strategies or mode portfolios promoted will be successful.

• All information contained in this presentation has been derived from sources that are deemed by us to be reliable but cannot be guaranteed.

• Yra Harris is serving as a Research Strategist role and not performing as a Portfolio Manager role.

Cedargold Pte. Ltd. [email protected]

• Current Challenges in Investing and Trading

• Our Approach to Investing and Trading

• Trading through the eyes of Veteran Floor Trader Yra Harris

• Investing through a unique powerful Value Investing Approach

• Subscription Details – what you get

• Client focus => Institutions, Pension Funds, Banks, Wealth Management Firms, Investment Advisory Firms, Custodians, ETF Providers, Insurance Firms, HNWI

How do you get How do you preserve How do you invest How do you real yield in an purchasing power in an environment mitigate potential environment of when central banks characterized by adverse risks essentially 0% around the world are ongoing central such as defaults, interest rates or intentionally bank and capital controls, negative real weakening their government protectionism, interest rates currencies? How do interventions and trade wars, bank (nominal interest you preserve ring-fencing account bail-ins, rates minus purchasing power in a regulations? nationalizations, inflation)? rising inflation climate change environment? and regulatory capture?

Austrian School ASE Principles 14 Smart Beta of Economics (Applicable to Investing Factors (ASE) and Trading)

The approach is based upon using the principles of the Austrian School of Economics (ASE) Smart Beta Factors towards investing and trading. The ASE is a school of thought initially developed from some backed by economists in Vienna Austria back in the 1870s. The ASE emphasizes savings and investment, with minimal debt and leverage, and maintains that policy changes which allow markets to studies indicating operate freely result in economic growth and wealth creation, whereas interventionist policies positive correlation are not friendly to the markets and result in economic stagnation and wealth destruction. Profit to equity opportunities exist when these changes are anticipated and interpreted properly, and when outperformance: identifying cash-flowing businesses characterized by innovation, longevity and growth in value. 7 Quantitative Factors +

1 ASE Principle - Value is placed upon cash-flowing businesses

2 ASE Principle - Value is placed upon limited debt and leverage Each Factor with studies indicating 3 ASE Principle - Value is placed upon high earnings per share positive correlation to equity 4 ASE Principle - Value is placed upon payout distribution outperformance

5 ASE Principle - Value is placed upon enduring operations 7 Positive 6 ASE Principle - Value is placed upon owner-operators Correlated Factors Taken Together in 7 ASE Principle - Value is placed upon stable or decreasing float Series – Powerful!

1 ASE Principle - Value is placed upon corporate social responsibility

2 ASE Principle - Value is placed upon alignment to economic trends

3 ASE Principle - Value is placed upon alignment to millennial trends Qualitative Factors taken into account 4 ASE Principle - Value is placed upon uniqueness and scarcity

5 ASE Principle - Value is placed upon innovation

6 ASE Principle - Value is placed upon risk mitigation

7 ASE Principle - Value is placed upon holding value/purchasing power

 We have a dual focus on businesses with both great financial and socially responsible performance; We see this dual focus as providing mutual synergy: o Increasing profitability grows the stakeholder pie, enhancing socially responsible performance to all stakeholders o Implementing responsible corporate actions and activities with respect to a strong CSR program and ESG Factors has a positive influence on financial performance;

 We incorporate the assessment of strong CSR programs and ESG factors into our investment analysis and decision-making processes;

 We seek disclosure relating to CSR by the businesses we have in our model portfolios.

We emphasize businesses with strong CSR programs that address ESG factors towards sustainability and social development with industry best practices in corporate governance. Here are some of the initiatives, standards and best practice processes that we assess towards alignment and compliance:

MSCI WORLD M ETRIC P O R T F O L I O INDEX

Start Balance $10,000 $10,000 End Balance $79,582 $16,824 End Balance (inflation $59,144 $12,502 adjusted) CAGR 15.48% 3.67% CAGR (inflation adjusted) 13.12% 1.56% Annualized Volatility 13.60% 14.90% Beta 0.84 1.00 Max. Drawdown -42.24% -55.37% Sharpe Ratio 1.04 0.23 Sortino Ratio 1.63 0.32

$ = USD

3 Parts

Investments - Trading Suggested maintained pool of Opportunities “Cash Holdings” – equities identified suggested by Physical Precious by the 14 Yra Harris: Metals, Gold or Smart Beta Factors: Multi-Asset* Silver-backed Trading Crypto-currencies Global Equities Pool Opportunities Regulated in the (GEP) (YHTO) Financial System

Access to our secure portal for Notifications via email and texting for Supporting information on information on specific suggested investment and trade suggestions exchanges, symbols and investments and trades – for entering and exiting securities specifications

What You Get:

Yra Harris Global Multi-Asset Specific Equities Trading “Cash Holdings” Pool + Opportunities + Suggestions (GEP) (YHTO)

Yra Harris - Research Strategist

• Recognized Trader with 40+ years of experience

• Track record of successful trading through technical and fundamental analysis

• Member of the Board of the Chicago Mercantile Exchange (CME) for 6 years

• Floor Broker and Floor Trader

• Provides regular analysis on the Financial Markets as a guest on Bloomberg and CNBC

Richard Bonugli – Uli Kortsch – CEO, The Cedar Portfolio Senior Advisor

• Founder and CEO of The Cedar Portfolio and Cedargold • International leader in management, corporate growth, restructuring, investment and financings with experience • Senior management positions with KPMG and Manulife in over 50 countries

• Series 65, Professional Risk Manager and Derivatives • Macro economics and monetary policy specialist Market Specialist, Wealth Management/Capital Markets • MBA in Finance • Education/degree from MIT • On the Board of Directors of several entities

28C Stanley Street Singapore 068737 [email protected] +65.800.852.6124

131 Bloor Street West, Suite 200 Toronto, Ontario Canada M5S1R8 [email protected] +1 (416) 786-5507

300 N LaSalle Dr #1890, Chicago, Illinois USA 60654 [email protected] +1 (416) 786-5507