Procedure

 

1.     Investor submits Compliance Package (as provided) with a current proof of funds.

2.     The Compliance check / due diligence is done regarding Investor and their funds.

3.     Investor is contacted by Fund/Platform officer to review/discuss details of program.

4.     If above goes well, Investor is contacted by the Fund President / Commitment Holder.

5.     If both parties agree to proceed; draft Insurance Policy and Contract sent to Investor.

6.     Investor returns completed documents, signed Contract, initialed Insurance Policy.

7.     Investor’s account opened and officer assigned. Investor is not required to go to Bank.

8.     Bank officer confirms Investor’s account and provides account info and Swift code.

9.     Final Contract is issued and Investor transfers funds to his/her new bank account.

10.  Lloyds Insurance policy for 100% coverage of investor’s principal funds is issued.

11.  The Investor instructs their assigned bank officer to block their funds internally.

12.  Trading now starts. Typically it is 15 Banking days from initial submission to trade.

13.  Profit payments and accounting reports are done monthly and available ‘on line’.

 

 

Required Documentation

 

The ‘supplied’ Compliance Documents plus 140% ‘Passport’ copy, a ‘Utility Bill’ and a current ‘Bank Statement’ or ‘Tear Sheet’ plus a ‘Board Resolution’ if Corporate funds.

 

Lloyds of London Insurance:

 

Investor is able to confirm insurance details with Lloyds of London Representative. A Corporate Policy is issued with Investor’s name as Beneficiary plus his/her investment amount for coverage for the contract term at platform’s cost.

 

The Lloyds Policy Covers:

a.     Any occurrence of deficiency (of the ‘principal’ funds).

b.     Financial infidelity in the event of fraud.

c.     Losses arising from the acts of Officers, Principals and Non Executive Directors.

d.     Professional Indemnity.

 

Two Forms of Security provided for Investor’s capital:

 

1.     Lloyds of London Insurance securing 100% of Investor’s principal in the account.

2.     Registered securities/notes (on Clearstream) issued by Luxembourg Government with a value equal to Investor’s investment capital are assigned to client’s account for holding and security. This is required by FINMA a Swiss Bank and Securities Dealer regulatory authority that requires syndicated funds ‘on account’ to be at least 85% secured.

 

What is a Managed Buy/Sell?

The trade is a managed buy/sell. This means everything is agreed to and contracted prior to starting a ‘6 month’ contract. The trading Fund already owns the paper it is selling and the ‘exit’ Buyer has already agreed to buy the paper at an agreed spread rate (price).

The trade is completed in the client’s compartment (or account) which is controlled by client. The Swiss depository bank ‘oversees’ the Transaction, the Capital, the Notes that secure the capital, the Paper being sold and finally the ‘exit’ Buyer’s Funds all go into the client’s compartment (or account) and ‘settled’ once a day within 1 hour of the transaction/ tranche starting. Having everything in the same bank reduces variables to zero. All profits are distributed from here. Settlements are made once a week and paid out once a month.

IMPORTANT NOTICE: This is an unofficial response to your request for information and/or a private, proprietary and confidential communication and is for information purposes only. This is not intended to be, and must not be construed to be in any form or manner a solicitation of investment funds or a securities offering. This e-mail is confidential and is legally privileged. Nothing in this message should be interpreted as a digital or electronic signature that can be used to authenticate a contract or other legal document. If you have received this in error, please immediately notify us by return e-mail, fax and/or telephone and destroy this mail. DISCLAIMER:Sender is NOT a Securities Dealer or Broker or Investment Adviser.  Sender is a Consultant and makes no warranties or representations as to the Buyer, Seller or Transaction.  All due diligence is the responsibility of the Buyer and Seller. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content.  Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer.  If acknowledgment is not accepted, Recipient must return any and all documents in their original receipted condition to Sender.