Sbb Research Group LLC

SBB Research Group LLC, established in September 2010, is an investment manager specializing in providing discretionary investment advisory services to various investment vehicles, including proprietary accounts, family trusts, pooled investment vehicles, and separately managed accounts. The firm utilizes sophisticated quantitative models and collaborates with individuals from diverse backgrounds to manage portfolios. SBB Research Group primarily invests in structured products, options, ETFs, and common stocks. The firm has full discretion in trading on behalf of each Fund and most separately managed accounts. As of December 31, 2024, SBBRG had regulatory assets under management of approximately $2.79 billion. The firm charges a monthly management fee of 1% of each investor's annual capital commitments. Performance-based fees of 20% are charged at the end of each fiscal year, subject to a "high watermark." SBBRG's investment strategies are speculative and entail substantial risks, including leverage, counterparty risk, and model risk. SBBRG does not participate in wrap fee programs and does not exercise voting rights on client securities. The firm has a Code of Ethics, complies with the Custody Rule, and does not receive compensation for client referrals. SBBRG does not exercise voting rights on client securities and has no financial commitments impairing its ability to meet obligations.