PLEASE READ THE FOLLOWING STATEMENT
THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL.
YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH
TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN
COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU.
THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS
GAINS.
IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO
SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES. IT
MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO
THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID
DEPLETION OR EXHAUSTION OF THEIR ASSETS. THE DISCLOSURE
DOCUMENT CONTAINS A COMPLETE DESCRIPTION OF THE PRINCIPAL
RISK FACTORS AND EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY
THE COMMODITY TRADING ADVISOR (“CTA”).
THE REGULATIONS OF THE COMMODITY FUTURES TRADING COMMISSION
(“CFTC”) REQUIRE THAT PROSPECTIVE CLIENTS OF A CTA RECEIVE
A DISCLOSURE DOCUMENT AT OR PRIOR TO THE TIME AN
ADVISORY AGREEMENT IS DELIVERED AND THAT CERTAIN RISK
FACTORS BE HIGHLIGHTED. THIS DOCUMENT IS READILY ACCESSIBLE
AT THIS SITE. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL OF THE
RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS.
THEREFORE, YOU SHOULD PROCEED DIRECTLY TO THE DISCLOSURE
DOCUMENT AND STUDY IT CAREFULLY TO DETERMINE
WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF
YOUR FINANCIAL CONDITION. YOU ARE ENCOURAGED TO ACCESS THE
DISCLOSURE DOCUMENT BY CLICKING BELOW. YOU WILL NOT INCUR
ANY ADDITIONAL CHARGES BY ACCESSING THE DISCLOSURE DOCUMENT.
YOU MAY ALSO REQUEST DELIVERY OF A HARD COPY OF THE
DISCLOSURE DOCUMENT, WHICH ALSO WILL BE PROVIDED TO YOU AT
NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING
IN THIS TRADING PROGRAM NOR ON THE ADEQUACY OR
ACCURACY OF THE DISCLOSURE DOCUMENT.
OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED
YOU BEFORE A COMMODITY ACCOUNT MAY BE OPENED FOR YOU.
PLEASE ACKNOWLEDGE YOUR UNDERSTANDING OF THIS IMPORTANT STATEMENT.