This is an old revision of the document!
Customer Contract
- On deposit, you are purchasing a percentage of the pot
- for example: the pot is $40k and you put in $40k
- that brings the pot to $80k
- you own 50% of the pot
- which translates into 50% of the profits
- But cost of doing business is 20%
- for things like:
- electricity
- computers
- and managing the system
- 20% of the example above would be $8k
- But this 20% will only be taken on profits. Not loss
- Withdrawal and deposit:
- There are fees associated with deposit
- There are fees associated with withdrawal
- Customer pays those fees
- also, it takes time to move money. days or weeks.
- Taxes
- These taxes apply to the hedge fund, you have to pay taxes on any money you take out
- The hedge fund has to pay taxes and they are taken from the pot of money
- taxes apply equally so they apply to the pot
- Please understand that there is always risks with investments
