Disclosures

Regulatory Status

Ciel de Jade is a recognized fund registered with the British Virgin Islands Financial Services Commission (BVI FSC) under the Securities and Investment Business Act, 2010 (SIBA).

Registration with the BVI FSC does not constitute an endorsement or recommendation of the Fund by the BVI FSC.

Investment Strategy

The Fund employs a systematic global macro strategy utilizing quantitative models to trade across multiple asset classes including currencies, fixed income, equities, and commodities.

The strategy involves the use of leverage and derivatives, which may result in significant losses exceeding the initial investment.

Risk Factors

Investment in the Fund involves significant risks, including but not limited to:

• Market risk - potential for losses due to adverse market movements
• Leverage risk - use of borrowed capital may amplify losses
• Model risk - reliance on quantitative models that may fail to perform as expected
• Liquidity risk - difficulty in liquidating positions during stressed market conditions
• Operational risk - risk of loss due to inadequate systems or controls
• Counterparty risk - risk that counterparties may fail to meet their obligations
• Currency risk - exposure to fluctuations in foreign exchange rates

Investors may lose all or substantially all of their investment. Past performance is not indicative of future results.

Fees and Expenses

The Fund charges a management fee and performance fee as detailed in the Offering Memorandum. Additional expenses including administration, custody, audit, and legal fees are borne by the Fund.

Fee details and complete expense information are available in the Fund's Offering Memorandum, which is provided to qualified investors upon request.

Redemptions and Liquidity

Redemption requests are subject to notice periods and may be suspended or deferred in certain circumstances as described in the Fund's constitutional documents.

Interests in the Fund are illiquid and there is no secondary market for the Fund's interests.

Conflicts of Interest

The Investment Manager and its affiliates may have conflicts of interest in managing the Fund, including managing other accounts with similar or different strategies. The Investment Manager has adopted policies to identify and manage conflicts of interest.

Reporting

The Fund provides periodic statements to investors and prepares audited annual financial statements. Additional reporting may be available as required for tax or regulatory purposes.

Service Providers

The Fund has appointed professional service providers including an administrator, custodian, auditor, and legal counsel. Details of service providers are available in the Offering Memorandum.

Additional Information

For complete information about the Fund, including detailed risk disclosures, fee structures, and terms and conditions, qualified investors should refer to the Fund's Offering Memorandum and related subscription documents.

To request the Offering Memorandum or for additional information, please contact us through the information provided in the Contact section.