TERMS AND CONDITIONS
1.0 DEFINITIONS
1.1 GRANTWAY CAPITAL
The company that offers trading, asset management and Investment services, is authorized to do so in terms of the Financial Conduct Authority Act.
In this document it is referred to as ‘Investment Firm’
1.2 Investor
The person/legal entity, including a trust, who has invested with Grantway Capital and in whose name the investment is held – addressed as ‘Investor’.
2.0 THE ACCOUNT
2.1 The “Investment Firm" shall open an Investment Account for this specific investment arrangement
2.1 The Investor may deposit and withdraw funds after the consultation with the “Investment Firm".
2.2 All transactions shall be subjected to the terms of the Account Contract and Security Agreement between the Parties.
3.0 ACCOUNT MANAGEMENT
3.1 The Investor who has invested in the private pool shall be assigned an Account Manager within a period of 7 days after deposit.
3.2 The Investor agrees to execute a Limited Trading Authorization and
Power of Attorney with the Manager authorizing the Manager or the authority to conduct Transactions on behalf of the Investor.
3.3 The Manager shall have discretionary
authority to make all trading and Investment decisions for the Account, without prior consultation with
Investor and without prior notice to or approval from Investor with respect to such Investing decision.
3.4 Investment Strategy: In managing the Account, the Manager agrees to use its best
judgment and efforts for the Investor’s benefit. However, the parties agree that the Investment Firm shall bear all risk of gain or loss in the Account.
3.5 Reports and Records: The Manager shall furnish to the Investors reports detailing the
Assets under Management in the Account and the Trading Profits (as defined below) experienced by the Assets under Management.
3.6 Source of Capital: The Client warrants that funds being deposited and traded have not originated from any illegal activity which if known to us will be seized.
3.7 Representations and Warranties: The Manager has the power to execute and deliver
this agreement and any other documentation relating to this agreement and to
perform its obligations under this agreement and has taken all necessary action to
authorize such execution, delivery and performance.
Such execution, delivery and
performance do not violate or conflict with any law applicable to the Manager. (a)
The Investor represents and warrants the following to the Manager.
The Investor is aware of the highly speculative nature of, and risks of loss inherent in cryptocurrency transactions and is financially capable of engaging in such trading.
(2) The Investor has significant additional assets beyond the value of the account and any funds that may in the future be committed to the account.
(3) The Investor acknowledges that the Manager guarantees any representation that the Account will be profitable.
4.0 HIGHLIGHTS OF THE INVESTMENT PLAN
Investment Plan Objectives
This Investment plan aims to profit from short term and long term moves in the market to achieve this,
A dual strategy approach will be implemented: Trend Following and High - Frequency Trading.
Risk
Management is embedded in every step of our investment process to
ensure the risk and return profile of the trading strategy is
optimally balanced.
4.1.1 INVESTMENT DURATION
4.1.1The Investors funds is invested into various financial markets in form of Pooled funds.
The profitability of the markets vary.
Once funds are pooled they will remain in the pool for a period of 24 months (Public Pools) and 60 months (Private Pool).
5.0 DEPOSITS AND WITHDRAWALS
5.1 DEPOSITS.
The investor is permitted at any point in time to make deposits into his/her investment account with or without prior notice to the account manager. But will inform the account manager once such deposit has been made
5.2 WITHDRAWALS
5.2.1 Withdrawal of returns
(a) The investor may request withdrawal at the end of the agreed trading period.
5.2.2 Withdrawal of capital
The investor is required to notify the account manager 30 days before requesting a withdrawal.
This gives the Account Manager ample time to Call back pooled funds that might have been invested in various financial markets.
(c) The Investor will be able to withdraw their capital before the elapse of the investment duration only if they agree to forfeit 30% of their capital.
6.0 REPRESENTATION AND WARRANTIES
6.1 The Investor represents that he/she is capable of depositing funds to the "Investment Firm” Account.
6.2 The “Investment Firm” warrants and guarantees that it can provide the sum of the interest rates from the investment done by the “Investor”
7.0 ASSIGNMENT
7.1 Neither Party is allowed to assign or transfer any of its obligations under this Contract and its attachments to
another party, individual, or organization without the full consent of the other Party.
7.2 The assigned Parties shall remain in position until the termination of this Contract or resignation of the said individual.
8.0 AMENDMENTS
Any revision, addition, modification, or deletions in the terms and conditions of this Contract shall require the approval form of the Parties and written documentation of the said amendment.
Each of the approved revisions shall be attached to this Contract.
LEGALITY
AND REGULATION
9.0 FOR LOCAL INVESTORS
The following are some of the main acts and regulations that govern this contract.
9.1 National Security and Investment Act
This act regulates Investment Schemes.
9.2 Financial Advisory and Intermediary Services Act
This act applies to any advice given in relation to this investment.
It also governs any form of intermediary services between the "Investor" and Grantway Capital.
FOREIGN
INVESTORS
A
foreign investor is essentially a Non-British.
With respect to individuals, a British is a British citizen or, subject to certain qualifications, a permanent resident of Britain within the meaning of the British immigration legislation.
With respect to a business undertaking - including one owned by a government - the undertaking is considered British if it is British-controlled. Provisions relating to British-control are detailed and complex, but generally:
If one British, or two or more British members of a voting group, owns a majority of the voting interests of an entity, the entity is British-controlled.
Conversely, if one Non-British, or two or more Non-British members of a voting group, owns a majority of the voting interests of an entity, the entity is not British-controlled.
With respect to a widely held public company that is not controlled in fact through the ownership of voting shares, the corporation is deemed to be British-controlled if at least two-thirds of the board of directors is British.
9.0
REGULATION OF FOREIGN INVESTMENT
Foreign
investment in Britain is regulated by the Financial Conduct Authority
(FCA). Its purpose is to encourage foreign investment on terms that
are beneficial to Britain.
10.0 PROTECTION OF FOREIGN INVESTMENT
10.1 Bilateral Investment Conventions Signed By Britain
Britain has signed 234 bilateral investment treaties (BITs) with several countries.
To see the conventions,
Visit: https://investmentpolicy.unctad.org/international-investment-agreements/by-economy
10.2 International Controversies Registered By UNCTAD
The ISDS Navigator contains information about known international arbitration cases initiated by investors against States pursuant to international investment agreements. Britain is involved in 90 cases as Home State of claimant and in 1 cases as Respondent State
Visit: https://investmentpolicy.unctad.org/investment-dispute-settlement/country/221/united-kingdom