Third-Party Source Disclosure
Some information contained herein has been obtained from third-party sources and has not been independently verified by Quantix. Quantix believes such information to be accurate, but makes no representations as to the accuracy or the completeness of such third‐party information.
Important Disclosures
The enclosed material is confidential and not to be reproduced or redistributed in whole or in part without the prior written consent of Quantix Commodities LP (“Quantix”). The information in this material is only current as of the date indicated, and may be superseded by subsequent market events or for other reasons. Any statements of opinion constitute only current opinions of Quantix, which are subject to change and which Quantix does not undertake to update. Statements concerning financial market trends are based on current market conditions, which will fluctuate. No representation is being made that the investment theses posited in this presentation are or have been profitable or that they will be profitable in the future. Nothing herein constitutes an offer to sell, or solicitation of an offer to purchase, any securities. Any offer of securities may be made only by means of a formal confidential offering memorandum that includes a comprehensive list of potential risk factors. Parties should independently investigate any investment strategy or manager, and should consult with qualified investment, legal and tax professionals before making any investment.
Investment in a private fund and related investment vehicles is speculative and involves risk, including the risk that the entire amount invested may be lost.
Commodity interest trading involves substantial risk of loss
This document shall not constitute an offer to sell or the solicitation of any offer to buy securities in, or any funds or accounts managed by, Quantix Commodities LP which may only be made at the time a qualified offeree receives a confidential private offering memorandum (“CPOM”) , which contains important information (including investment objectives, policies, risk factors, fees, tax implications and relevant qualifications), and only in those jurisdictions where permitted by law. In the case of any inconsistency between the descriptions or terms in this document and the CPOM, the CPOM shall control. These funds shall not be offered or sold in any jurisdiction in which such offer, solicitation or sale would be unlawful until the requirements of the laws of such jurisdiction have been satisfied. This document is not intended for public use or distribution.
While all the information prepared in this document is believed to be accurate, Quantix Commodities LP makes no express warranty as to its completeness or accuracy. The information in this material is only current as of the date indicated, and may be superseded by subsequent market events or for other reasons. Statements concerning financial market trends are based on current market conditions, which will fluctuate. Any statements of opinion constitute only current opinions of Quantix Commodities LP , which are subject to change and which Quantix Commodities LP does not undertake to update. Due to, among other things, the volatile nature of the markets, investment in the fund may only be suitable for certain investors.
This document is confidential and is intended solely for the information of the person to whom it has been delivered. It is not to be reproduced or transmitted, in whole or in part, to third parties, without the prior written consent of Quantix Commodities LP. Notwithstanding anything to the contrary herein or in the CPOM, the recipient (and each employee, representative or other agent of such recipient) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of (i) each fund and (ii) any transactions described herein, and all materials of any kind (including opinions or other tax analyses) that are provided to the recipient relating to such tax treatment and tax structure. The information contained herein is intended for use by entities and individuals who meet the definition of “qualified eligible person” as defined in CFTC regulation 4.7.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
The following is a summary of some important risk and other considerations relating to an investment in a fund - this is not an inclusive list of all risk factors. Prospective investors should refer to the CPOM for the applicable fund for a more detailed discussion of the risks and other considerations described below, as well as additional risks.
Limited liquidity. Opportunities for withdrawal/redemption and transferability of fund interests are restricted, so investors may not have access to capital when it is needed. There is no secondary market for the interests and none is expected to develop.
Investment and trading risks in general. An investment in the fund is speculative and involves a high degree of risk. No guarantee or representation is made that the fund’s investment objectives will be achieved. An investor should not make an investment, unless it is prepared to lose all or a substantial portion of its investment.
Leverage and concentration risks. The fund’s portfolio, which is under the sole trading authority of the general partner/investment manager, is primarily concentrated in commodities and this lack of diversification may result in higher risk. A portion of the trades executed may take place on non-U.S. Exchanges. Leverage may be employed in the portfolio, and is inherent in certain portfolio investments, which can make investment performance volatile.
Tax and regulatory considerations. A private fund is generally not subject to the same regulatory oversight and/or regulatory requirements as a mutual fund. Neither of the funds is required and neither intends to register as an investment company under the investment company act of 1940, as amended (the "company act"), and, accordingly, the provisions of the company act will not be applicable. Interests in the funds have not been registered under the securities act of 1933, as amended, or the securities laws of any state and are being offered and sold in reliance on exemptions from the registration requirements of said act and laws. Further, fund investments may involve complex tax structures resulting in delays in distributing important tax information. Parties should independently investigate any investment strategy or manager, and should consult with qualified investment, legal and tax professionals before making any investment.
Fees and expenses. The fees and expenses charged in connection with this investment may be higher than the fees and expenses of other investment alternatives and may offset profits. In addition, the performance based compensation may create an incentive for the investment manager to cause the fund to make investments that are riskier or more speculative than it would otherwise make.
Conflicts of interest. The funds will be subject to a number of actual and potential conflicts of interest involving the investment manager and its affiliates. However, the investment manager and its affiliates have substantial incentives to see the assets of the funds appreciate in value, and merely because an actual or potential conflict of interest exists does not mean that it will be acted upon to the detriment of the funds. Please review the applicable CPOM for a more detailed discussion of potential conflicts of interest
Some information contained herein has been obtained from third-party sources and has not been independently verified by Quantix Commodities LP. Quantix Commodities LP makes no representations as to the accuracy or the completeness of such third-party information.