Tactical Unconstrained Growth (TUG) provides the opportunity to take advantage of both bull and bear markets through the use of strategic long equity positions in addition to long/short Treasury and money market positions. Looking to capitalize on the non-correlation between equities and bonds, the program will assess which asset class provides the best opportunity in light of prevailing market conditions. When the equity markets become indecisive, TUG seeks to both protect and benefit from the periodic reversals in equities by allocating into treasury positions and/or money markets.