Past results are not necessarily indicative of future results. The information contained in this report is based upon data from the period of 9/1/2006 through 4/30/2009, except where noted.
Performance numbers were calculated from "net return data" provided by the individual manager to the Barclay Hedge Ltd CTA database. Such information has not been independently reviewed or audited by Foss Mountain Capital LLC and Foss Mountain Capital LLC makes no representation as to its accuracy and⁄or completeness.
The manager report is provided for informational purposes only. The impact of market and economic conditions as well as individual client preferences may result in sharp differences between the manager′s performance shown and actual client performance. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each manager′s risk disclosure document.
Past results are not necessarily indicative of future results. Be advised that there is substantial risk of loss when investing in futures and derivative markets, including managed futures, futures, options and forex. These investments are not suitable for everyone.
THE RISK OF LOSS IN TRADING FOREIGN EXCHANGE 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 FOREIGN EXCHANGE 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 FOREX 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 TRADING ADVISOR.
BEFORE DECIDING TO ENGAGE IN FOREIGN CURRENCY EXCHANGE TRADING ONE SHOULD CAREFULY CONSIDER ONE'S INVESTMENT OBJECTIVES, LEVEL OF EXPERIENCE AND RISK APPETITE. THERE IS ALWAYS A RELATIONSHIP BETWEEN HIGH REWARD AND HIGH RISK. ANY TYPE OF MARKET OR TRADE SPECULATION THAT CAN YIELD AN UNUSUALLY HIGH RETURN ON INVESTMENT IS ALSO SUBJECT TO UNUSUALLY HIGH RISK. ONLY DISCRETIONARY FUNDS SHOULD BE PLACED AT RISK AND ANYONE WHO DOES NOT HAVE SUCH FUNDS SHOULD NOT PARTICIPATE IN FOREIGN EXCHANGE MARKETS. THE ABILITY TO WITHSTAND LOSSES AND TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ADVERSELY AFFECT INVESTOR RETURNS.
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