This paper explores what we believe to be important yet overlooked structural advantages inherent in multi-manager, multi-strategy funds by comparing the multi-manager fund structure to more traditional hedge fund structures.
Sign up to read more
CLEARALPHA® IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. CLEARALPHA® HAS ENGAGED OR MAY ENGAGE IN UNDERLYING OR SPOT VIRTUAL CURRENCY TRANSACTIONS IN A COMMODITY POOL (DIRECTLY OR INDIRECTLY). ALTHOUGH NFA HAS JURISDICTION OVER CLEARALPHA® AND ITS COMMODITY POOL YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY FOR UNDERLYING OR SPOT MARKET VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS. YOU SHOULD ALSO BE AWARE THAT GIVEN CERTAIN MATERIAL CHARACTERISTICS OF THESE PRODUCTS, INCLUDING LACK OF A CENTRALIZED PRICING SOURCE AND THE OPAQUE NATURE OF THE VIRTUAL CURRENCY MARKET, THERE CURRENTLY IS NO SOUND OR ACCEPTABLE PRACTICE FOR NFA TO ADEQUATELY VERIFY THE OWNERSHIP AND CONTROL OF A VIRTUAL CURRENCY OR THE VALUATION ATTRIBUTED TO A VIRTUAL CURRENCY BY CLEARALPHA®. INVESTING AND/OR HAVING EXPOSURE TO VIRTUAL CURRENCY INVOLVES SUBSTANTIAL VOLATILITY, VALUATION, LIQUIDITY, AND TECHNOLOGICAL RISKS. ADDITIONAL FEES RELATED TO TRANSACTIONS MAY BE INVOLVED.
This website is not an offer to sell nor a solicitation of an offer to purchase an interest in any account or fund managed by ClearAlpha. Offers and sales of such interests will be made only pursuant to the final Private Placement Memorandum and other relevant documentation in accordance with applicable securities laws. All content on this website is qualified in its entirety by reference to such documentation, including disclosures of certain risk factors and conflicts of interest described in the Private Placement Memorandum. Information on this website is intended for use only by persons (companies and individuals) that are “Qualified Eligible Persons” as defined under CFTC Regulation 4.7(a).