NewGen Primary Commodity Fund LP

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The NewGen Primary Commodity Fund LP is a Canadian feeder fund that invests directly into Primary Commodity Fund Ltd., an externally managed, Bermuda-based hedge fund. The Fund is designed to generate attractive risk-adjusted returns with low correlation to traditional asset classes by actively trading physical and financial commodity markets, with a particular focus on strategic and critical metals.

The Fund employs a supply-chain-driven commodity trading strategy that is fundamentally distinct from directional macro or long-only commodity approaches. Through a strategic partnership with the Traxys Group, a leading global metals merchant and physical commodities trader with over 100 years of operating history, the Fund benefits from privileged access to real-time market intelligence across storage, logistics, trade flows, and global customer-supplier networks. This relationship provides a durable informational and execution advantage that is rarely available outside major proprietary trading desks and enables the Fund to identify pricing dislocations, arbitrage opportunities, and emerging supply-demand imbalances in markets that are largely opaque and off-exchange

In addition, the Fund utilizes a proprietary LLM-powered trading platform that integrates Traxys’ proprietary data with global regulatory developments, macroeconomic signals, and end-to-end supply-chain intelligence. This platform enhances the team’s ability to detect price anomalies, geopolitical catalysts, and delayed market reactions with speed and precision, improving market timing and supporting disciplined, data-driven decision-making.

The Fund is particularly well positioned to capitalize on structural trends in strategic and critical minerals, which are increasingly central to energy transition, AI infrastructure, and national defense supply chains. Governments globally are stockpiling key materials, incentivizing domestic production, and imposing export controls, creating persistent supply-demand imbalances. With Traxys among the largest global traders of minor and strategic metals, the Fund is able to trade, store, and arbitrage these markets directly-an area of the commodities complex that is typically inaccessible to most institutional and retail investors and historically exhibits low financialization and low correlation to broader commodity indices.

The result is a highly differentiated, actively managed return stream that seeks to mitigate downside volatility through diversification, liquidity management, and disciplined position sizing, while providing investors with direct exposure to one of the most compelling and under-researched opportunity sets in global markets today.

GROWTH OF $10,000 INVESTED SINCE INCEPTION

MONTHLY PORTFOLIO RETURNS