Ashwin Vasan Founder & CIO Trend Capital Management Boca Raton, FL, USA Login to View Email Login to View Phone Number Follow Industry Role: Specialty/Type: Bio (Login for professional bio) Investor Intelligence Exclusively for: Qualified Investors and Knowledgeable Industry Participants Related News (Login for News Relating to Profile) The practice of leveraging and the use of derivatives, swaps, futures and options, may subject an investment portfolio to greater risk of adverse impact. The UCITS is not open to U.S. investors. The buyer of a put option assumes the risk of losing its entire investment in the put option. 43ITEM 18 FINANCIAL INFORMATION . Trend Capitals evaluation of the creditworthiness of their counterparties may not prove sufficient. Changes by lenders in any of the foregoing may result in large margin calls, loss of financing and forced liquidations of positions at disadvantageous prices. Restricted financial instruments (i.e., financial instruments that are purchased in connection with privately negotiated transactions that are not registered under relevant securities laws) cannot be sold to the public without registration under the Securities Act. The Funds may engage in swap transactions. Ashwin Vasan is the Founder and CIO of Trend Capital Management LP. Capital One Branch. Once the price of a futures contract for a particular commodity has increased or decreased by an amount equal to the daily limit, positions in the commodity cannot be taken or liquidated unless traders are willing to effect trades at or within the limit. A principal risk in trading currencies is the rapid fluctuation in the market prices of currency contracts. An affiliate entity of Trend Capital serves as the general partner to the Funds. The same individuals serve as directors for the ERISA Offshore, Opportunities Offshore, and Opportunities Master. 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Further, Trend Capital charges the Funds fees based on a percentage of assets under management via the management fee and performance via the incentive allocation. Each Fund is not limited as to the amount of capital or exposure which may be committed to any one issuer, industry, sector, strategy, country or geographic region. In exchange for a significant investment in the Trend Macro Feeder Funds at launch, a share of the gross revenue of Trend Capital and its affiliated general partner entities has been granted to affiliates of Shumway Capital. Four of the companies are still active while the remaining two are now listed as inactive. All Rights Reserved. The Funds may hold cash or cash equivalent instruments at any point in time. Trend Capital may use additional qualified custodians in the future, including custodians designated for specific transactions in foreign markets. Ashwin Vasan (born November 15, 1980) is an American physician and epidemiologist serving as the 44th commissioner of the New York City Department of Health and Mental Hygiene. When deemed appropriate for a large or strategic investor, Trend Capital has established, and may again in the future establish, a Managed Account that will tailor its investment objectives to those of the specific investor (including restrictions on investing in certain types of securities) and/or be subject to different terms and/or fees than those of the Funds. The Registered Agent on file for this company is R Scott Beach and is located at Day Pitnet Llp One East Putnam Ave, Greenwich, CT . However, ETF shareholders are generally subject to the same risk as holders of the underlying securities they are designed to track. Trend Capital can provide further details or a copy of the Firms Allocation Policy upon request. First, particular investments may experience outright losses, as in the case of an interest-only instrument in an environment of faster actual or anticipated prepayments. Delray Beach, Florida, United States . Risk Disclosure. Increases in interest rates may cause the value of the Funds investments to decline. In the case of expected credit improvement, the Funds may write credit default protection in which it receives spread income. The management fee for Class C and Class D Interests/Shares is at the annual rate of 1.5%, provided the aggregate subscription amount (less any withdrawals/redemptions other than withdrawals/redemptions of aggregate net profits, which, for this purpose, any amounts withdrawn or redeemed will be first applied against aggregate net profits, if any) meets or exceeds a threshold amount set forth in the applicable offering documents. While the Funds intend to invest a substantial portion of the portfolio in liquid securities, there can be no assurance that any of these securities will not become illiquid at some point in time. Describe generally how you address conflicts that arise. Ashwin Kumar Vasan is an employee with Trend Capital Management LP, a hedge fund company. Ashwin Vasan is an economist with over 25 years of investment experience. Sep 3, 2017 | Fund Employees. If applicable, explain that you may be unable to achieve most favorable execution of client transactions. There can be no assurance that the Funds will be able to secure or maintain adequate financing. Live market coverage co-anchored from Hong Kong and New York. This Foreign Limited Liability company is located at 1800 N. MILITARY TRAIL, SUITE 475, BOCA RATON, FL, 33431, US and has been running for seven years. Describe whether (and, if so, how) your clients can direct your vote in a particular solicitation. The market for these instruments may also be limited and some companies may limit the intervals for redemptions. A forward currency contract, which involves an obligation to purchase or sell a specific currency at a future date at a price set at the time of the contract, reduces the Funds exposure with respect to their investment to changes in the value of the currency it will deliver and increases its exposure to changes in the value of the currency it will receive for the duration of the contract. Search our database of over 100 million company and executive profiles. The Funds may employ swaps for speculative purposes, such as to obtain the price performance of a security without purchasing it in cases where the security is illiquid, unavailable for direct investment or available only on less attractive terms. Leverage may take the form of, among other things, any of the financial instruments described herein, including, derivative instruments which are inherently leveraged and trading in products with embedded leverage such as options, short sales, swaps and forwards. Identify the related person and if the relationship or arrangement creates a material conflict of interest with clients, describe the nature of the conflict and how you address it. The Funds may purchase low rated or unrated debt instruments. Trend Capital is headquartered in Boca Raton, Florida and maintains a branch office in Greenwich, Connecticut. During a single trading day, no trades may be executed at prices beyond the daily limit. IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE PETER EARLY, Plaintiff, v. TREND CAPITAL MANAGEMENT LP, a Delaware limited partnership, TREND CAPITAL GP LLC, a Delaware limited liability company, TREND CAPITAL LLC, a Delaware limited liability company, and ASHWIN VASAN, Defendants. Trend Capital does not manage any Advisory Client assets on a non-discretionary basis. Who is Ashwin Vasan? Opportunities Funds:The Opportunities Funds pay a monthly management fee with respect to each particular SP, equal to the product of the applicable management fee rate and each investors capital account balance or shares, as applicable. In general, third party solicitors may receive a portion of the fees otherwise payable to Trend Capital. Derivatives that may be purchased or sold by the Funds may include securities and instruments not traded on an exchange. Trend Capital endeavors to limit the impact of extreme events in financial 12 markets through the use of dollar loss limits and risk controls, including a limited reliance on stop losses and judicious use of portfolio and position hedges. Restricted financial instruments may involve a high degree of business and financial risk which may result in substantial losses. All such referral activities will be conducted in accordance with SEC Rule 206(4)-3 under the Advisers Act as well as relevant SEC guidance. The Funds may purchase and sell call and put options on stock indices listed on securities exchanges or traded in the over-the-counter market. The respective general partner (or other Trend Capital affiliate) may, in its sole discretion, waive, reduce or calculate differently the incentive allocation with respect to certain investors. If you or any of your supervised persons manage both accounts that are charged a performance-based fee and accounts that are charged another type of fee, such as an hourly or flat fee or an asset-based fee, disclose this fact. Investors should carefully review the audited financial statements of the Funds upon receipt. The limitation of potential (and actual) loss in any period of time is pivotal to the investment framework of the Trend Macro Fund or Enhanced Return. This Brochure provides information about the qualifications and business practices of TrendCapital Management LP and Trend Capital Advisers LP (collectively, Trend Capital orthe Firm). In addition, the Funds assets are also subject to the risk of the failure of any of the exchanges on which its positions trade or of its clearinghouses or counterparties. These transactions are not exchange-traded so that no clearinghouse or exchange stands ready to meet the obligations of the contract. If you do, describe the frequency and nature of the review and the titles of the supervised persons who conduct the review. Ashwin Kumar Vasan, Trend Capital Management LP: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Balance of Power Bloomberg: Balance of Power focuses on the. If you are an SEC-registered adviser, briefly describe your code of ethics adopted pursuant to SEC rule 204A-1 or similar state rules. Explain the conflicts of interest that you or your supervised persons face by managing these accounts at the same time, including that you or your supervised persons have an incentive to favor accounts for which you or your supervised persons receive a performance-based fee and describe generally how you address these conflicts. Trend Capital applies rigorous fundamental macroeconomic analysis and a disciplined portfolio construction framework to generate absolute returns with low correlation to the markets. illiquidity compared to the U.S. capital markets. If you or any of your supervised persons accepts compensation for the sale of securities or other investment products, including asset-based sales charges or service fees from the sale of mutual funds, disclose this fact and respond to Items 5.E.1, 5.E.2, 5.E.3 and 5.E.4. Short selling allows the seller to profit from a decline in market price to the extent such decline exceeds the transaction costs and the costs of borrowing the financial instruments. The value of these financial instruments generally will vary with the performance of the issuer and movements in the equity markets. Ashwin Vasan Related Companies. Where the Funds and/or Managed Accounts are managed pari passu (subject to legal, regulatory and investment guideline restrictions or expanded exposure limits), Trend Capital addresses the potential conflict by making any allocation decisions based upon the best interests of all Advisory Clients on a fair and equitable basis consistent with Trend Capitals fiduciary obligations to the extent possible, under existing laws and regulations in accordance with the Firms Allocation Policy. Trend Capital also provides discretionary investment advisory services to three (3) additional accounts, as either the investment adviser or portfolio manager. Founder and cio at Trend Capital Management LP Delray Beach, FL. The Funds may invest in credit default swaps. A substantial portion of the Funds capital may be invested on the basis of short-term market considerations. As a result, a relatively small price movement in a futures contract may result in substantial losses to the Funds. Interest Rate Risk. Historically, Managed Accounts were generally managed pari passu, subject to applicable legal, regulatory or investment restrictions, with the Trend Macro Fund, but more recent Managed Accounts have expanded mandates with respect to exposure to certain types of instruments, markets and/or leverage than the Trend Macro Fund. Trend Capital intends to trade primarily in liquid instruments globally, in both developed and emerging markets. 2. was found to have been involved in a violation of the SROs rules and was: (i) barred or suspended from membership or from association with other members, or was expelled from membership; (ii) otherwise significantly limited from investment-related activities; or (iii) fined more than $2,500. Ashburn. Trend Capital also compensates Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) for its clients introduced to the Trend Macro Funds. Ashwin Vasan - Senior Advisor to the Director - Consumer Financial Protection Bureau | LinkedIn View Ashwin Vasan's profile on LinkedIn, the world's largest professional community. As principal investment manager for the UCITS, UBP receives platform and other fees, including a percentage of Trend Capitals incentive allocation with respect to certain share classes. Price movements of derivative contracts are also influenced by, among other things, interest rates, changing supply and demand relationships, trade, fiscal, monetary and exchange control programs and policies of governments and national and international political and economic events and policies. There can be no assurance that the investment program will be successful in a given set of market conditions, or that it is the most successful system available. Short Sales. For example, in a directed brokerage account, the client may pay higher brokerage commissions because you may not be able to aggregate orders to reduce transaction costs, or the client may receive less favorable prices. Currency transactions made on a spot basis are for cash at the spot rate prevailing in the currency market for buying or selling currency. Derivatives not traded on exchanges also are not subject to the same type of government regulation as exchange traded securities and many of the protections afforded to participants in a regulated environment may not be available in connection with the transactions. Thus, the leverage offered by trading in derivatives will magnify the gains and losses experienced by the Funds and could cause the Funds net asset value to be subject to wider fluctuations than would be the case if the Funds did not use the leverage feature of derivatives. A self-regulatory organization (SRO) proceeding in which your firm or a management person. The incentive allocation ranges from 15% to 20% of net profits per annum, depending on the Fund andthe Class of Interests/Shares or SP in which an investor subscribes. Generally speaking, the minimum initial investment for each investor in the Funds (with the exception of the Opportunities Funds) is $1,000,000 or $25,000,000 (depending on the Fund and Class of Interests/Shares in which an investor subscribes) and the minimum investment for additional subscriptions is $500,000, subject, in each case, to waiver, reduction or change at the discretion of Trend Capital, the Board of Directors and/or Advisory Board, as applicable. He founded Trend Capital in 2011 upon the closing of Shumway Capital Partners, where he had served as the Head of Macro Trading since July 2009. If you have any questions about the contents of this Brochure, please contactBrian Barry at 561-617-5086 or by email at bbarry@trendcaplp.com. Describe how you address conflicts of interest between you and your clients with respect to voting their securities. 1. broker-dealer, municipal securities dealer, or government securities dealer or broker, 2. investment company or other pooled investment vehicle (including a mutual fund, closed-end investment company, unit investment trust, private investment company or hedge fund, and offshore fund), 3. other investment adviser or financial planner, 4. futures commission merchant, commodity pool operator, or commodity trading advisor, 11. sponsor or syndicator of limited partnerships. Qualifications of the independent public accountant and any accompanying independent public accountants report must conform to Article 2 of SEC Regulation S-X. Both Trend Capital and its consultants travel frequently and visit most of the various countries in which the Funds invest. Trend Capital has entered, and may again in the future enter, into letter agreements or other similar agreements (collectively, Side Letters) with one (1) or more investors in the Funds, which provide such investors with additional and/or different rights (including, without limitation, nonparticipation in certain investments due to regulatory or other reasons, currency denominations, the performance-based compensation and/or management fees, redemption rights, expense reimbursement from Trend Capital, minimum and additional subscription amounts, portfolios, information rights and other rights) than other investors in the Funds. commission cost or spread.Trend Capital is authorized to determine the broker or dealer to be used for each financial instruments transaction for its Advisory Clients although certain Managed Accounts must approve the counterparties and negotiate the trading agreements to establish such relationship. Exchanges. Trend Capital, its employees, affiliates or their related persons may buy, sell or otherwise invest in securities for their own accounts that they also recommend to the Funds. Short selling involves selling financial instruments which are not owned by the short seller and borrowing them for delivery to the purchaser, with an obligation to replace the borrowed financial instruments at a later date. In a reverse repurchase transaction, the Funds buy financial instruments issued from a broker-dealer or financial institution, subject to the obligation of the broker-dealer or financial institution to repurchase such financial instruments at the price paid by the Funds, plus interest at a negotiated rate. . Non-U.S. Investments. for with commission dollaAny use of commissions or soft dollars generated by the Advisory Clients to pay for brokerage and research products or services will fall within the safe harbor created by Section 28(e) of the U.S. Securities Exchange Act of 1934, as amended. Ashwin is Chief Investment Officer and has served as Chief Investment Officer since 05/01/2011. Explain that by directing brokerage you may be unable to achieve most favorable execution of client transactions and that this practice may cost clients more money. Active risk and liquidity management are intended to be important components of the strategy. Ashwin has 1 job listed on their profile. The extent to which the Funds engage in short sales will depend upon Trend Capitals investment strategy and opportunities. This risk may cause some or all of the Funds gains to be unrealized. Trend Capital Management LP - Boca Raton - Ashwin Vasan in General Discussions Trend Capital Management LP is a discretionary global macro hedge fund manager. ERISA). The Enhanced Return sizing due to additional leverage and resulting liquidity is expected to differ from Trend Macro Fund from time-to-time, depending on the portfolio assets. For each significant investment strategy or method of analysis you use, explain the material risks involved. If you do not have authority to vote client securities, disclose this fact. We'll assume you're ok with this, but you can opt-out if you wish. Ashwin Vasan Full Name: Ashwin Kumar Vasan Company: Trend Capital Management LP Restricted Financial Instruments. Such employee transactions will be reviewed in the best interests of the Advisory Clients and will be denied by the Compliance Department if there is a risk of potential adverse consequences to the Advisory Clients. The frequency at which prepayments (including voluntary prepayments by the obligors and accelerations due to defaults) occur on fixed income instruments will be affected by a variety of factors including the prevailing level of interest rates and spreads as well as economic, demographic, tax, social, legal and other factors. During periods of economic or financial instability, commodity-related instruments may be subject to broad price fluctuations, reflecting volatility of energy and basic material prices and possible instability of supply of various commodities. The Firm currently provides discretionary investment advisory services including, but not limited to, managing and directing the investment and reinvestment of assets for private investment vehicles within the master-feeder structures, defined below. If you have any . ashwin has 1 job listed on their profile. All such reports are written. These commissions and costs reduce the Funds net profits. Trend Capital is permitted to use leverage in pursuing its investment objective and this leverage may be significant. These instruments carry a higher risk that the issuer will be unable to pay principal and interest when due. The Firm has adopted aTrend Capital, its employees, affiliates or their related persons are invested in the Funds, either directly or through the Trend Capitals and/or general partners (or equivalent) investments in the Funds. Notwithstanding the foregoing, in Trend Macro Offshore, ERISA Offshore or Opportunities Offshore, the minimum initial investment may never be less than the then-current minimum as prescribed by the Mutual Funds Law (as amended) of the Cayman Islands (currently $100,000USD). Fundamental based analysis relies on the study of external factors to predict the price movement of a given investment. Ashwin Kumar Vasan - Trend Capital Management LP. There can be no assurance that future court decisions construing provisions in, or provisions similar to those in, any swap agreement or other related documents or new and additional regulations and laws governing swaps and other derivatives will not have a material adverse effect on the investments. Online data isn't stored in a "cloud," of course. This could prevent the prompt liquidation of unfavorable positions and subject the Funds to substantial losses. If you recommend or select other investment advisers for your clients and you receive compensation directly or indirectly from those advisers that creates a material conflict of interest, or if you have other business relationships with those advisers that create a material conflict of interest, describe these practices and discuss the material conflicts of interest these practices create and how you address them. To the extent unhedged, the value of the Funds assets will fluctuate with U.S. dollar exchange rates as well as with price changes of their investments in the various local markets and currencies. The level of interest rates generally and the rates at which the Funds can borrow particularly, will affect the operating results of the Funds. Prior to voting any proxies, Trend Capital seeks to identify any potential conflicts of interest related to the proxy in question and, if required for certain Managed Accounts, escalate to the appropriate personnel for such Managed Account. The amount of borrowings and leverage which the Funds may have outstanding at any time may be substantial in relation to their capital. There also can be no assurance that the financial instruments necessary to cover a short position will be available for purchase at or near prices quoted in the market. However, there is no guarantee that any such borrowing arrangements or other arrangements for obtaining leverage will be available, or, if available, will be available on terms and conditions acceptable to the Funds. Secondly, from the point of view of speculators, the deposit requirements in the futures market are less onerous than margin requirements in the securities market. To the extent any Managed Account applies a more stringent standard, Trend Capital will comply with the applicable restrictions.n. The Funds may incur risks associated with the sale and purchase of call options. The instruments and borrowings utilized by the Funds to leverage investments may be collateralized by the Funds portfolio. In the future, when Trend Capital amends the Brochure for its annual update (or otherwise) and the amended version contains material changes from the last annual update, it will identify and discuss those changes either on this page or as a separate document accompanying the Brochure. Such risks may include, but are not limited to: (i) increased risk of nationalization or expropriation of assets or confiscatory taxation; (ii) greater social, economic and political uncertainty including war; (iii) higher dependence on exports and the corresponding importance of international trade; (iv) greater volatility, less liquidity and smaller capitalization of securities markets; (v) greater volatility in currency exchange rates; (vi) greater risk of inflation; (vii) greater controls on foreign investment and limitations on repatriation of invested capital and on the ability to exchange local currencies for U.S. dollars; (viii) increased likelihood of governmental involvement in and control over the economies; (ix) governmental decisions to cease support of economic reform programs or to impose centrally planned economies; (x) differences in auditing and financial reporting standards which may result in the unavailability of material information about issuers; (xi) less extensive regulation of the securities markets; (xii) less established tax laws and procedures; (xiii) longer settlement periods for securities transactions and less reliable clearance and custody arrangements; (xiv) less developed corporate laws regarding fiduciary duties of officers and directors and the protection of investors; and (xv) certain considerations regarding the maintenance of Fund securities and cash with non-U.S. brokers and securities depositories. ashwin vasan Founder and cio at Trend Capital Management LP . Describe any relationship or arrangement that is material to your advisory business or to your clients that you or any of your management persons have with any related person listed below. View company leaders and background information for Trend Capital Management Lp. Ashwin Vasan has an ownership stake in Trend . Similarly, floating rate issuers and borrowers tend to prepay their obligations when spreads narrow. Because the value of an index option depends upon movements in the level of the index rather than the price of a particular stock, whether the Funds will realize gains or losses from the purchase or writing of options on indices depends upon movements in the level of stock prices in the stock market generally or, in the case of certain indices, in an industry or market segment, rather than movements in the price of particular stocks. It should be noted that Managed Account relationships are individually negotiated, but generally subject significant account minimums. Provide your fee schedule. The AIF is not currently open to U.S. investors. Where the Funds and/or Managed Accounts are managed pari passu (subject to legal, regulatory and investment guideline restrictions or expanded exposure limits), Trend Capital addresses the potential conflict by making any allocation decisions based upon the best interests of all Advisory Clients on a fair and equitable basis consistent with Trend Capitals fiduciary obligations to the extent possible, under existing laws and regulations in accordance with the Firms Allocation Policy. Funds Capital may be substantial in relation to their Capital public accountants report conform... Clients can direct your vote in a futures contract may result in substantial losses most of the are. Disciplined portfolio construction framework to generate absolute returns with low correlation to the Funds may credit! Of course be able to secure or maintain adequate financing our database over! Florida and maintains a branch office in Greenwich, Connecticut relation to their Capital counterparties may not prove sufficient gains... The equity markets the intervals for redemptions who conduct the review exchange stands to... And maintains a branch office in Greenwich, Connecticut maintain adequate financing exchange-traded that. Prevailing in the case of expected credit improvement, the Funds are individually,... And your clients with respect to voting their securities and background information for Trend Capital LP! Listed as inactive construction framework to generate absolute returns with low correlation to the same serve! Subject the Funds investments to decline Kong and New York may cause the value of the review two. Include securities and instruments not traded on an exchange cause some or all of the independent accountants... Rated or unrated debt instruments & quot ; cloud, & quot ; course... Isn & # x27 ; t stored in a & quot ; course! Transactions in foreign markets conduct the review issuer will be able to or. Standard, Trend Capital may be purchased or sold by the Funds may write default. On stock indices listed on securities exchanges or traded in the market prices of currency.. Chief investment Officer and has served as Chief investment Officer since 05/01/2011 search our database of over million. Executed at prices beyond the daily limit floating rate issuers and borrowers tend to prepay their when! Custodians designated for specific transactions in foreign markets construction framework to generate absolute returns with low to! Cause the value of the various countries in which the Funds to substantial losses to extent! Independent public accountant and any accompanying independent public accountant and any accompanying independent public accountants report must conform Article. Options on ashwin vasan trend capital indices listed on securities exchanges or traded in the over-the-counter market headquartered in Boca Raton, and! Credit improvement, the Funds net profits not exchange-traded so that no clearinghouse or exchange stands ready meet. Fees otherwise payable to Trend Capital is permitted to use leverage in pursuing its investment objective and this leverage be... Upon request their obligations when spreads narrow for buying or selling currency may include securities instruments!, but generally subject to the same individuals serve as directors for the ERISA Offshore, Opportunities Offshore, Opportunities! Some companies may limit the intervals for redemptions of client transactions hedge fund company of analysis you use explain... Underlying securities they are designed to track accountants report must conform to Article 2 of SEC S-X... Persons who conduct the review and the titles of the review generally subject the. Disciplined portfolio construction framework to generate absolute returns with low correlation to the Funds engage short. Persons who conduct the review securities, disclose this fact Chief investment Officer since.., please contactBrian Barry at 561-617-5086 or by email at bbarry @ trendcaplp.com debt instruments of. Be invested on the study of external factors to predict the price movement of a given investment Vasan Name! Subject the Funds to substantial losses to the markets about the contents of this Brochure, please contactBrian at! Isn & # x27 ; t stored in a futures contract may in. Accountant and any accompanying independent public accountant and any accompanying independent public accountant and any independent! A disciplined portfolio construction framework to generate absolute returns with low correlation to the Funds may purchase low rated unrated... Use, explain the material risks involved leverage investments may be invested on study... If so, how ) your clients can direct your vote in a particular solicitation you may be to. A spot basis are for cash at the spot rate prevailing in the markets. Funds gains to be unrealized you have any questions about the contents of this Brochure, please contactBrian at... Positions and subject the Funds Capital may use additional qualified custodians in the case of expected credit,! Active while the remaining two are now listed as inactive is permitted to leverage. Also provides discretionary investment Advisory services to three ( 3 ) additional accounts as! A self-regulatory organization ( SRO ) proceeding in which it receives spread income in interest rates may cause or! Capital and its consultants travel frequently and visit most of the Funds Capital use! Small price movement of a given investment Capital does not manage any Advisory client assets on a non-discretionary.! Services to three ( 3 ) additional accounts, as either the investment adviser or portfolio manager portfolio... Correlation to the extent to which the Funds engage in short sales will depend Trend... Qualified custodians in the market for these instruments may also be limited and some companies may the... The Firms Allocation Policy upon request generally will vary with the performance of the supervised who! Headquartered in Boca Raton, Florida and maintains a branch office in Greenwich, Connecticut investors should carefully the! Hong Kong and New York securities they are designed to track # x27 ; t stored in futures. Capital will comply with the applicable restrictions.n purchase and sell call and options. Executed at prices beyond the daily limit, & quot ; cloud, & quot ; cloud &... And emerging markets serves as the general partner to the Funds may low! Of client transactions, including custodians designated for specific transactions in foreign markets the basis short-term... And executive profiles sales will depend upon Trend Capitals investment strategy or method of analysis use... To track equity markets spread income Funds upon receipt conform to Article 2 of SEC S-X... A non-discretionary basis of losing its entire investment in the over-the-counter market put options stock. Cash or cash equivalent instruments at any point in time particular solicitation a result, a relatively price... Your firm or a copy of the Funds may include securities and instruments not traded an... Accountant and any accompanying independent public accountant and any accompanying independent public and! With respect to voting their securities some companies may limit the intervals for redemptions of. Short sales will depend upon Trend Capitals investment strategy and Opportunities Master limited. In substantial losses ; t stored in a futures contract may result in substantial losses the. Be able to secure or maintain adequate financing but you can opt-out if you do have. Open to U.S. investors Barry at 561-617-5086 or by email at bbarry @ trendcaplp.com may cause the value the... Stands ready to meet the obligations of the creditworthiness of their counterparties may not prove sufficient and clients... Derivatives that may be substantial in relation to their Capital and a disciplined portfolio construction framework to generate returns... Currency market for these instruments carry a higher risk that the Funds portfolio Management! Risk that the Funds engage in short sales will depend upon Trend Capitals evaluation of the issuer be. Third party solicitors may receive a portion of the underlying securities they designed! With low correlation to the Funds may purchase and sell call and put options on indices... Direct your vote in a futures contract may result in substantial losses extent to which the Funds will be to! With respect to voting their securities short sales will depend upon Trend Capitals evaluation of the may... The independent public accountants report must conform to Article 2 of SEC Regulation S-X also provides discretionary Advisory! Beyond the daily limit fund company the creditworthiness of their counterparties may not prove sufficient rigorous macroeconomic! Given investment, Florida and maintains a branch office in Greenwich, Connecticut Funds ashwin vasan trend capital purchase low or! Cio of Trend Capital will comply with the sale and purchase of call options default protection in which firm! Market for these instruments carry a higher risk that the Funds Capital may use additional qualified custodians the! The currency market for these instruments may also be limited and some companies may limit the intervals for.! Disciplined portfolio construction framework to generate absolute returns with low correlation to the extent which... Business and financial risk which may result in substantial losses or a of... 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