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| Manager Name |
Transworld Capital Management |
| Program Name |
Managed Forex Account |
| Minimum Investment |
25,000 USD |
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| Strategy |
Systematic / Short-Term |
| Markets |
Off-Exchange Forex |
| Restrictions |
None |
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The Transworld High Liquidity
program can be found at
transworld.altavra.com.
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Program Description:
Transworld Forex |
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Transworld
Capital
Management
performance
report by
email
includes
free
access
to the
alternative
investment
database
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The Transworld Forex program
trades the EUR/USD Forex pair
which generally provides better
liquidity and a lower bid/ask
spread than most other Forex
pairs. There are a number predominantly
short-term technically based
systematic methods used that
may include but are not limited
to trading break outs, reversals,
trend continuation and retracement
moves. Trades may be done in
a PAMM account and the profits
and losses allocated to the
customer’s account as a percentage
of the overall trading done
and trade sizes generally will
be scaled up and down for the
account size used. While the
methods used are systematic
in nature some discretion may
be applied in modifying the
underlying methods used and
Transworld Capital Management
may choose to reduce or suspend
trading during what may be seen
as unusually high risk periods
in the market. As notional capital
may not be utilized at some
Forex firms, the Transworld
Forex program takes a more aggressive
approach to leverage than the
High Liquidity program.
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Program Description:
Commodities and Options
Traded |
The principal commodities to
be traded are Stock Index futures
and Treasury Note futures for
the “High Liquidity” program.
The principal off-exchange currency
pair traded in the “Transworld
Forex” program is the EUR/USD.
Transworld Capital Management,
however, reserves the right
to trade any and all commodity
futures contracts, futures spreads
and options on futures or Forex
pairs. Transworld Capital Management
will make decisions such as
when to add or delete a commodity
or Forex pair from the trading
list due to an increase or decrease
in volatility and/or liquidity
or when to stop trading a particular
contract month and begin trading
another. Transworld Capital
Management will not trade Exchange
for Physicals or Security Futures
products in these programs.
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Management Information:
Timothy Rea |
Mr. Timothy Rea became a National
Futures Association Associate
Member and registered with the
Commodity Futures Trading Commission
as an Associated Person and
the listed Principal of Transworld
Capital Management Limited on
June 18, 2009. Also, from June
18, 2009 to July 10, 2009 he
was a principal of Devin D.
Brady, dba Axis Capital Management,
a Commodity Trading Advisor.
Prior to registering Transworld
Capital Management Limited as
a Commodity Trading Advisor,
he is, and has been, from December
1, 1987 to the present, the
Chief Executive Officer of Transworld
Group, a firm located in New
Zealand. This group is a business
development and management company
and consists of a number of
private companies registered
in New Zealand which have been
involved in a variety of business
activities such as motor vehicle
importing, farming and commercial
property investment & development,
trading and system development.
In the last five years Timothy
Rea's role has been mainly as
a director with managers in
place for day-to-day operations
for other than the trading and
systems development. While Timothy
Rea still holds his position
with the group, he is no longer
involved with the day-to-day
operation of the companies and
has been able to spend the majority
of his time in the area of trading
and developing trading systems
on a full time basis during
the last five years.
In the August 1998, Timothy
Rea started trading stocks and
options for his own account
and over time moved to pure
systematic methods as well as
trading futures and forex. Timothy
Rea started developing proprietary
systems in February 2002 and
has now uses a number of methods
which he uses to trade primarily
the electronic futures and forex
markets. In May of 2007 Timothy
Rea became an automated systems
signals vendor under the trading
name of Auto Trading Systems
and has had both private and
commercial funds as clients.
Some of these systems have been
featured on sites such as Strategy
Runner, World Cup Advisor, Striker
Securities and Futures Truth.
He continues to hold this position.
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Management Information:
George Robinson |
George Robinson became an National
Futures Association Associate
Member on October 29, 2009.
He became registered with the
Commodity Futures Trading Commission
as an Associated Person on November
11, 2009 and a listed Principal
on April 22, 2010 of Transworld
Capital Management Limited.
George Robinson’s primary role
is systems manager and assists
Timothy Rea full time ensuring
correct execution for both the
Commodity Trading Advisor program
and other systems following
Timothy Rea’s methods. Prior
to working with Timothy Rea
and Transworld Capital Management
Limited George Robinson has
also been a director of Elm
Equity Limited from the 5th
of April 2007 and still holds
that position. George Robinson's
duties have been to direct and
manage the company’s investments.
Elm Equity Limited is a private
New Zealand registered trading
company. Also from 1st May 2002
he has been a director of Robinsons
Orchards Limited. His duties
there were as manager and still
serves in the capacity as a
company director. Robinsons
Orchards Limited is a New Zealand
company first registered in
1954 which has been involved
in various commercial activities
including fruit production,
property development and investment.
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Risk Disclosure Statement |
THE RISK OF LOSS IN FOREX TRADING
CAN BE SUBSTANTIAL. YOU SHOULD
THEREFORE CAREFULLY CONSIDER
WHETHER SUCH TRADING IS SUITABLE
FOR YOU IN LIGHT OF YOUR FINANCIAL
CONDITION. IN CONSIDERING WHETHER
TO TRADE OR TO AUTHORIZE SOMEONE
ELSE TO TRADE FOR YOU, YOU SHOULD
ALSO BE AWARE OF THE FOLLOWING:
FOREX TRANSACTIONS ARE NOT TRADED
ON AN EXCHANGE, AND THOSE FUNDS
DEPOSITED WITH THE COUNTERPARTY
FOR FOREX TRANSACTIONS MAY NOT
RECEIVE THE SAME PROTECTIONS
AS FUNDS USED TO MARGIN OR GUARANTEE
EXCHANGE-TRADED FUTURES AND
OPTIONS CONTRACTS. IF THE COUNTERPARTY
BECOMES INSOLVENT AND YOU HAVE
A CLAIM FOR AMOUNTS DEPOSITED
OR PROFITS EARNED ON TRANSACTIONS
WITH THE COUNTERPARTY, YOUR
CLAIM MAY NOT RECEIVE A PRIORITY.
WITHOUT A PRIORITY, YOU ARE
A GENERAL CREDITOR AND YOUR
CLAIM WILL BE PAID, ALONG WITH
THE CLAIMS OF OTHER GENERAL
CREDITORS, FROM ANY MONIES STILL
AVAILABLE AFTER PRIORITY CLAIMS
ARE PAID. EVEN CUSTOMER FUNDS
THAT THE COUNTERPARTY KEEPS
SEPARATE FROM ITS OWN OPERATING
FUNDS MAY NOT BE SAFE FROM THE
CLAIMS OF OTHER GENERAL AND
PRIORITY CREDITORS.
THE HIGH DEGREE OF LEVERAGE
THAT IS OFTEN OBTAINABLE FOREX
CAN WORK AGAINST YOU AS WELL
AS FOR YOU. THE USE OF LEVERAGE
CAN LEAD TO LARGE LOSSES AS
WELL AS GAINS.
MANAGED ACCOUNTS MAY BE SUBJECT
TO SUBSTANTIAL CHARGES FOR MANAGEMENT
AND ADVISORY FEES AND THE ACCOUNT
MAY NEED TO MAKE SUBSTANTIAL
TRADING PROFITS TO AVOID DEPLETING
OR EXHAUSTING ITS ASSETS.
THE DISCLOSURE DOCUMENT CONTAINS
A COMPLETE DESCRIPTION OF EACH
FEE TO BE CHARGED TO YOUR ACCOUNT
BY THE ACCOUNT MANAGER.
THIS BRIEF STATEMENT CANNOT
DISCLOSE ALL THE RISKS AND SIGNIFICANT
ASPECTS OF THE FOREX MARKETS.
THEREFORE, YOU SHOULD CAREFULLY
REVIEW THIS DISCLOSURE DOCUMENT
BEFORE YOU TRADE, INCLUDING
THE DESCRIPTION OF THE PRINCIPAL
RISK FACTORS OF THIS INVESTMENT.
You are encouraged to access
the disclosure document AND/OR
MANAGEMENT AGREEMENT by clicking
the links provided AT
Forms.altavra.com.
You will not incur any additional
charges by accessing the documents.
You may also request delivery
of a hard copy at
formsbymail.altavra.com,
which will also be provided
to you at no additional cost.
the CFTC has not passed upon
the merits of participating
in any of these trading programs
nor on the adequacy or accuracy
of any of these disclosure documents
OR MANAGEMENT AGREEMENTS..
YOU SHOULD ALSO BE AWARE THAT
THIS TRADING ADVISOR MAY ENGAGE
IN TRANSACTIONS ON MARKETS LOCATED
OUTSIDE THE UNITED STATES, THESE
MAY BE SUBJECT TO REGULATIONS
WHICH OFFER DIFFERENT OR DIMINISHED
PROTECTION. FURTHER, UNITED
STATES REGULATORY AUTHORITIES
MAY BE UNABLE TO COMPEL THE
ENFORCEMENT OF THE RULES OF
REGULATORY AUTHORITIES OR MARKETS
IN NON-UNITED STATES JURISDICTIONS
WHERE YOUR TRANSACTIONS MAY
BE EFFECTED. BEFORE YOU TRADE
YOU SHOULD INQUIRE ABOUT ANY
RULES RELEVANT TO YOUR PARTICULAR
CONTEMPLATED TRANSACTIONS AND
ASK THE FIRM WITH WHICH YOU
INTEND TO TRADE FOR DETAILS
ABOUT THE TYPES OF REDRESS AVAILABLE
IN BOTH YOUR LOCAL AND OTHER
RELEVANT JURISDICTIONS.
THE TRADING ADVISOR IS PROHIBITED
BY LAW FROM ACCEPTING FUNDS
IN THE TRADING ADVISOR’S NAME
FROM A CLIENT FOR TRADING. YOU
MUST PLACE ALL FUNDS FOR TRADING
IN THIS TRADING PROGRAM DIRECTLY
WITH A FUTURES COMMISSION MERCHANT.
THE FOLLOWING PERFORMANCE NUMBERS
HAVE BEEN SUPPLIED BY THE MANAGERS
DIRECTLY TO VARIOUS DATA COLLECTION
SERVICES. THE INFORMATION
PRESENTED HAS BEEN OBTAINED
FROM DATA COLLECTION SOURCES
THAT ALTAVRA BELIEVES TO BE
RELIABLE. ALTAVRA IN NO
WAY GUARANTEES THE ACCURACY
OF THESE NUMBERS AND HAS SUPPLIED
THEM FOR INFORMATIONAL PURPOSES
ONLY. ALTAVRA HAS NOT
AND CANNOT VERIFY THE ACCURACY
OF SUCH INFORMATION AND POTENTIAL
INVESTORS SHOULD BE AWARE THAT
SUCH INFORMATION IS SUBJECT
TO CHANGE WITHOUT NOTICE.
THIS DOES NOT CONSTITUTE A SOLICITATION
TO BUY OR AN OFFER TO SELL.
Other disclosure statements
are required to be provided
before an account may be opened
for you.
questions or COMMENTS:
please email
clientservices@altavra.com
or call
1-800-998-7870.
Peregrine Financial Group, Inc
may act as counterparty to your
forex transactions. Past
performance is not necessarily
indicative of future results.
There are substantial risks
associated with leveraged products
and additional risks with off-exchange
transactions such as those in
this managed forex account program.
The descriptions above are from
the managers disclosure document.
THE RISK OF LOSS IN TRADING
FUTURES, OPTIONS AND OFF-EXCHANGE
FOREX CAN BE SUBSTANTIAL.
PAST RESULTS ARE NOT NECESSARILY
INDICATIVE OF FUTURE RESULTS.
PLEASE READ THE CTA'S RISK DISCLOSURE
DOCUMENT CAREFULLY BEFORE INVESTING
MONEY.
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