TABLE OF CONTENTS | |
Important Notices | |
Offering Summary | |
Section | |
OFFERING TERMS | |
Overview .................................................................................................................................................................................... | 1.0 |
Description of Partnership Interests ........................................................................................................................................... | 1.1 |
NAV ............................................................................................................................................................................................ | 1.2 |
Minimum Subscription Amount ................................................................................................................................................... | 1.3 |
Investor Qualification Standards ................................................................................................................................................ | 1.4 |
Fees ........................................................................................................................................................................................... | 1.5 |
Withdrawals ................................................................................................................................................................................ | 1.6 |
How to Subscribe ....................................................................................................................................................................... | 1.7 |
Contact Info ................................................................................................................................................................................ | 1.8 |
THE FUND | |
Overview .................................................................................................................................................................................... | 2.0 |
SEC Rule 506(c) ........................................................................................................................................................................ | 2.1 |
Incubation Period ....................................................................................................................................................................... | 2.2 |
Investment Objectives ................................................................................................................................................................ | 2.3 |
Investment Strategies ................................................................................................................................................................ | 2.4 |
Trading Instruments ................................................................................................................................................................... | 2.5 |
Risk Management ...................................................................................................................................................................... | 2.6 |
Money Management .................................................................................................................................................................. | 2.7 |
Performance Record .................................................................................................................................................................. | 2.8 |
Return On Investment Optimization ........................................................................................................................................... | 2.9 |
MANAGEMENT | |
Overview .................................................................................................................................................................................... | 3.0 |
Unicorn Capital Partners, LLC .................................................................................................................................................... | 3.1 |
Management Team .................................................................................................................................................................... | 3.2 |
SUMMARY OF LIMITED PARTNERSHIP AGREEMENT | |
Overview .................................................................................................................................................................................... | 4.0 |
General ...................................................................................................................................................................................... | 4.1 |
Admission of Limited Partners .................................................................................................................................................... | 4.2 |
Determination of Net Asset Value .............................................................................................................................................. | 4.3 |
Allocation of Profit & Loss ........................................................................................................................................................... | 4.4 |
Allocation of Taxable Income and Loss ...................................................................................................................................... | 4.5 |
Distribution ................................................................................................................................................................................. | 4.6 |
Termination of Fund. .................................................................................................................................................................. | 4.7 |
Transferability of Interests .......................................................................................................................................................... | 4.8 |
Report to Investors ..................................................................................................................................................................... | 4.9 |
Voting Rights and Amendments ................................................................................................................................................. | 4.10 |
Liability of Investors .................................................................................................................................................................... | 4.11 |
Expenses ................................................................................................................................................................................... | 4.12 |
Other Activities of the General Partner ....................................................................................................................................... | 4.13 |
Exculpation and Indemnification of the General Partner ............................................................................................................ | 4.14 |
Term .......................................................................................................................................................................................... | 4.15 |
BROKERAGE PRACTICES & CUSTODIAN | |
Overview .................................................................................................................................................................................... | 5.0 |
Brokerage Arrangements ........................................................................................................................................................... | 5.1 |
Referral of Investors ................................................................................................................................................................... | 5.2 |
Prime Broker .............................................................................................................................................................................. | 5.3 |
CERTAIN RISK FACTORS | |
Overview .................................................................................................................................................................................... | 6.0 |
Futures ....................................................................................................................................................................................... | 6.1 |
Currencies .................................................................................................................................................................................. | 6.2 |
Stop-loss .................................................................................................................................................................................... | 6.3 |
Methodology .............................................................................................................................................................................. | 6.4 |
Lack of Diversification ................................................................................................................................................................ | 6.5 |
Reliance on Managing Members ............................................................................................................................................... | 6.6 |
Use of Leverage and Margin Accounts ...................................................................................................................................... | 6.7 |
Certain Tax Consequences ........................................................................................................................................................ | 6.8 |
Changes in Applicable Laws and Regulations ............................................................................................................................ | 6.9 |
Market Disruptions and Acts of God ........................................................................................................................................... | 6.10 |
Lack of Operating History & Performance Record ..................................................................................................................... | 6.11 |
Valuation of Portfolio .................................................................................................................................................................. | 6.12 |
Tax Exempt Entities ................................................................................................................................................................... | 6.13 |
Conflicts of Interest .................................................................................................................................................................... | 6.14 |
No Guaranteed Return or Distributions ...................................................................................................................................... | 6.15 |
Investment Timing ..................................................................................................................................................................... | 6.16 |
Investment Participation ............................................................................................................................................................. | 6.17 |
TAX CONSIDERATIONS | |
Overview .................................................................................................................................................................................... | 7.0 |
Taxation as a Partnership .......................................................................................................................................................... | 7.1 |
Taxation of Investors on Net Profits and Net Losses ................................................................................................................. | 7.2 |
Limitations on Deduction of Fund Losses .................................................................................................................................. | 7.3 |
Sale of Fund Interest .................................................................................................................................................................. | 7.4 |
Sale of Instruments .................................................................................................................................................................... | 7.5 |
Deductibility of the Fund’s Investment Expenditures .................................................................................................................. | 7.6 |
Capital Gains and Losses .......................................................................................................................................................... | 7.7 |
Audit of Fund’s Tax Returns ....................................................................................................................................................... | 7.8 |
State and Local Taxes ............................................................................................................................................................... | 7.9 |
Foreign Limited Partners ............................................................................................................................................................ | 7.10 |
Tax-exempt Investors ................................................................................................................................................................ | 7.11 |
Individual Retirement Accounts .................................................................................................................................................. | 7.12 |
ERISA CONSIDERATIONS | |
Overview .................................................................................................................................................................................... | 8.0 |
General Fiduciary Matters .......................................................................................................................................................... | 8.1 |
Plan Assets ................................................................................................................................................................................ | 8.2 |
CERTAIN REGULATORY MATTERS | |
Overview .................................................................................................................................................................................... | 9.0 |
Private Placement Status ........................................................................................................................................................... | 9.1 |
Securities Act of 1933 ................................................................................................................................................................ | 9.2 |
Investment Company Act of 1940 .............................................................................................................................................. | 9.3 |
JOBS Act of 2012 ....................................................................................................................................................................... | 9.4 |
Securities Exchange Commission .............................................................................................................................................. | 9.5 |
Commodity Futures Trading Commission .................................................................................................................................. | 9.6 |
National Futures Association ...................................................................................................................................................... | 9.7 |
PRIVACY POLICY | |
Overview .................................................................................................................................................................................... | 10.0 |
Collection of Investor Information ............................................................................................................................................... | 10.1 |
Disclosure of Nonpublic Personal Information ............................................................................................................................ | 10.2 |
Protection of Investor Information .............................................................................................................................................. | 10.3 |
Customer Identification Program ................................................................................................................................................ | 10.4 |