Important
Disclosures
This material is provided for information
and discussion purposes only and is qualified in its entirety by the
information included in the confidential offering documents of each private
investment fund described herein, and is not intended to be, nor should it be
construed or used as investment, tax or legal advice or an offer to sell, or a
solicitation of an offer to buy, an interest in any fund. Any offer or solicitation of an investment in
a fund may be made only by delivery of such fund’s offering documents to
qualified investors. An investment in a
fund is not suitable for all investors.
This information is as of the date(s)
indicated, is not complete, is subject to change without notice, and does not
contain material information regarding any fund, including specific information
relating to an investment in such fund and related important risk and other
disclosures. Before making any
investment, an investor should thoroughly review a fund’s offering documents
with its professional advisor(s) to determine whether an investment is suitable
for them. Fund offering documents may be
obtained directly from a fund.
A fund may decline to accept any investment.
Funds
offered by MMJ are unregistered private investment funds or pools that may
employ different investment, hedging, leverage and arbitrage methodologies with
exposure to many different securities and futures markets. The funds are
not subject to the same regulatory requirements as mutual funds, including
mutual fund requirements to provide certain periodic and standardized pricing
and valuation information to investors. There are substantial risks in
investing in a fund. Prospective
investors should note the following:
·
The funds
represent speculative investments and involve a high degree of risk. An
investor could lose all or a substantial portion of his/her investment.
·
Any investment in
the funds should be discretionary capital set aside strictly for speculative
purposes.
·
An investment in
a fund is not suitable for all investors.
·
The net asset
value of a fund may be determined by its administrator in consultation with its
manager or advisor. Certain portfolio
assets may be illiquid and without a readily ascertainable market value. Since the value assigned to portfolio
securities affects a manager’s or advisor’s compensation, the manager’s or
advisor’s involvement in the valuation process creates a potential conflict of
interest. The value assigned to such
securities may differ substantially from the value a fund is able to
realize. Instances of mispriced
portfolios, due to fraud or negligence, have occurred in the industry.
·
The funds may be
leveraged and a fund’s performance can be volatile.
·
Some funds may
use a single advisor or employ a single strategy, which could mean a lack of
diversification and higher risk.
·
Some funds may
execute a substantial portion of trades on foreign exchanges, which could mean
higher risk.
·
An investment in
the funds may involve a high degree of risk and volatility and can be highly
illiquid and there are significant restrictions on transferring interests in a
fund. Such risks imay include, without limitation, risk of adverse or
unanticipated market developments, risk of counterparty or issuer default and
risk of illiquidity. There is no
secondary market for an investor’s investment in a fund and none is expected to
develop.
·
A fund’s fees and
expenses-which may be substantial regardless of any positive return-will offset
the fund’s trading profits.
·
Some funds may
involve complex tax structures and delays in distributing important tax
information.
·
A fund may have
little or no operating history or performance and may use performance which may
not reflect actual trading of the fund and should be reviewed carefully. Investors should not place undue reliance on
hypothetical, pro forma or predecessor performance.
·
A fund and its
managers/advisors may be subject to various conflicts of interest.
·
This summary is
not a complete list of the risks and other important disclosures involved in
investing in the funds and is subject to the more complete disclosures
contained in the funds’ respective offering documents, which should be reviewed
carefully.
Benchmarks and financial
indices are shown for illustrative purposes only, may not be available for
direct investment, may be unmanaged, assume reinvestment of income, do not
reflect the impact of any management or incentive fees and have limitations
when used for comparison or other purposes because they may have different
volatility or other material characteristics (such as number and types of
instruments).
All performance information
is net of applicable fees and expenses and presumes reinvestment of income
unless otherwise specifically noted. MMJ is compensated for finding
investors for funds described herein.
Return targets or
objectives, if any, are used for measurement or comparison purposes and only as
a guideline for prospective investors to evaluate a particular investment
program’s investment strategies and accompanying information. Targeted returns reflect subjective
determinations by a fund’s investment manager based on a variety of factors,
including, among others, investment strategy, prior performance of similar
products (if any), volatility measures, risk tolerance and market
conditions. Performance may fluctuate,
especially over short periods. Targeted
returns should be evaluated over the time period indicated and not over shorter
periods. Targeted returns are not
intended to be actual performance and should not be relied upon as an
indication of actual or future performance.
The information contained
herein, including investment returns, valuations, fund targets and strategies,
has been supplied by the funds or their agents or other third parties to MMJ and, although believed to be reliable, has
not been independently verified and cannot be guaranteed. MMJ makes
no representations or warranties as to the accuracy, timeliness or completeness
of such information. Although MMJ may provide its analysis, MMJ does not provide “due diligence” on an
investor’s behalf and is not responsible for an investor’s investment
decisions.
Past performance is no guarantee of future results. No representation is made that a fund’s risk
management, investment process, trading performance or investment objectives
will or are likely to be achieved or successful or that any fund or underlying
investment will or is likely to achieve any results shown or will make any
profit or will not sustain losses.
Portfolio allocations are selected by, and will vary in the sole
discretion of, the fund’s investment manager and are subject to availability
and market conditions, among other things.
To
Contact FINRA
The Financial Industry
Regulatory Agency (FINRA) Conduct Rule 2267 requires that Mann Mann Jensen
Partners LP provide all website users with the following information:
Public Disclosure
FINRA
P.O. Box 9401
Gaithersburg, Maryland 20898-9401
Fax: (301) 212 8137
Hotline Number: 1-800-289-9999
FINRA Regulation Website: http://www.finra.org/RulesRegulation/index.htm
The FINRA Regulation Public
Disclosure Program publishes an investor brochure which is available by
contacting Public Disclosure at the above telephone number or address