Important Disclosures
Blackworks Capital LLC manages hedge funds through its subsidiary, Blackworks Capital Management LLC, an Exempt Reporting Advisor registered in the State of Colorado.
General Disclaimer
The information contained herein is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any interest in BWC Founders Fund, LLC (the "Fund") or any other security. Any such offer or solicitation will be made only by means of a confidential Private Placement Memorandum (the "PPM") and Subscription Agreement, which contain important information about the Fund's investment objectives, terms, and conditions, as well as specific tax, legal, and risk factors associated with an investment.
Past Performance Warning
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. There can be no assurance that the Fund will achieve its investment objectives or that investors will receive a return of their capital. Investment in the Fund involves a high degree of risk, including the risk of a total loss of investment. The performance data presented herein may be unaudited and is subject to revision. The returns shown are net of all fees and expenses unless otherwise noted. The Performance Statistics are based on the Gross Returns of the strategies on a daily basis and do not accrue for Management or Performance Fees and is solely intended to provide information related to the performance of the strategies of the fund and not the fund itself. An actual client's results will vary due to the timing of capital transactions, high watermarks, and performance. Performance should not be indicative of the skill of Blackworks Capital and clients may experience a loss. The BWC Founders Fund follows a systematic trading strategy with actively managed systems and strategies. The strategy employs the use of leveraged ETFs, inverse ETFs, and Volatility ETFs and can experience significant volatility and loss of capital.
Speculative Nature of Investment
The Fund's investment strategy is speculative and involves significant risks. The Fund may employ leverage, short selling, and derivatives, which can increase volatility and the risk of loss. The Fund is not subject to the same regulatory requirements as mutual funds, and its interests are illiquid and subject to transfer restrictions. There is no secondary market for interests in the Fund, and none is expected to develop.
Forward Looking Statements
Certain information contained in this presentation constitutes "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "project," "estimate," "intend," "continue," or "believe," or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the Fund may differ materially from those reflected or contemplated in such forward-looking statements.
Backtested Performance
Hypothetical or backtested performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
Comparison to Indices
References to market indices, such as the S&P 500, are provided for informational purposes only. The Fund's investment strategy differs significantly from the composition of these indices, and the Fund's performance may be more volatile than the indices. Investors cannot invest directly in an index.
Accredited Investors Only
Investment in the Fund is suitable only for "accredited investors" as defined in Regulation D under the Securities Act of 1933, as amended, and "qualified clients" as defined under the Investment Advisers Act of 1940. Prospective investors must have the financial ability and willingness to accept the risks and lack of liquidity characteristic of an investment in the Fund.
Private Securities Offering Legend
Only Qualified Clients will be admitted to the Fund. For natural persons, investors must meet applicable Securities and Exchange Commission ("SEC") and Fund requirements including minimum net worth thresholds. Blackworks Capital funds are being offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The SEC has not passed upon the merits of or given its approval to Blackworks Capital funds, the terms of the offerings, or the accuracy or completeness of any offering materials. A registration statement has not been filed for any Blackworks Capital fund with the SEC. Membership interests in Blackworks Capital funds are subject to legal restrictions on transfer and resale. Investors should not assume they will be able to resell their securities. Investing in securities involves risk. Investors should be able to bear the loss of their investment. Investments in Blackworks Capital funds are not subject to the protections of the Investment Company Act of 1940, as amended. Performance data represents past performance, and past performance does not guarantee future results. Past performance is subject to revision following each monthly reconciliation and annual audit. Current performance may be lower or higher than the performance data presented. Blackworks Capital is not required by law to follow any standard methodology when calculating and representing performance data. The performance of Blackworks Capital funds may not be directly comparable to the performance of other private or registered funds.