1. Fund’s fact
2. Investment strategy
3. Performance/ Reporting
4. Trading strategy
5. Macro economic environment
6. Risk management

3. Performance / Reporting

3.1 – Who calculates and verifies performance?
ITSR GmbH, Switzerland, as an independent Administrator, will calculate and verify performance on a monthly basis. ITSR Gmbh is linked to ATC, one of the most important fund Administrators in the world. See also Security of the Asset for more information on ITSR GmbH, the Administrator.
3.2 – Who supplies your administrator with the prices?
Generally the Administrator will get all the relevant information about prices and investment reports from the banks where the Fund's accounts are held.
3.3 – What index is used as benchmark?
The Euroption Strategic Fund does not have any reference market index or benchmark. Furthermore, comparison with any normal industry benchmarks would not be appropriate. For simplicity we take the Eurostoxx50 index for a comparison.
3.4 – Who audits the financial statements?
Deloitte will audit financial statements on a yearly basis. Deloitte is one of the largest hedge fund Auditor in the world.
3.5 – When is the NAV / performance available and where reported?
NAV is calculated on a monthly basis and reported by the Administrator to Investors. The NAV will also be reported by the Fund on its website as soon as it becomes available. The Performances of the fund are also available on Bloomberg (EOPTION VI), Telekurs (CH2287562), Morningstar and in all the other hedge fund database, such as HedgeCo.
3.6 – Which reports are available?
The Fund edits a monthly report which will provide a update on the investments. Annual financial statements will also be delivered by the Administrator and the Auditor.
3.7 – Who will check to ensure that the investment restrictions are being applied and followed correctly?
The investment limits and restrictions are applied to all investments at the time that an investment is made. Once an allocation is made, the Investment Manager will continuously review and monitor the underlying trading manager in terms of its performance and its adherence to the terms and conditions of the signed investment contract; to ensure that, in aggregate, the restrictions set out in the Memorandum are not breached. Should any restriction be inadvertently breached, the Investment Manager will ensure that immediate corrective action is taken. The Investment Manager is required to be prepared to demonstrate to the Directors, the Administrator, the Regulator (FSC British Virgin Islands) and/or the Auditor by means of a “Checklist” that the investment restrictions were satisfied for each new investment contract before it was finalized.