ibis fund / strategy
                        
                        Fund Terms:
                            - New/Additional Subscriptions: Accepted on 1st business day each month
 - Minimum Investment: $100,000
 - Securities Traded: Publicly traded equities, fixed income and derivatives
 - Lock-up/Redemption Fees: 60 day written notice / No redemption fees
 - Redemption Frequency: Monthly
 - Management Fee: 1% of AUM
 - Performance Fee: 20% of Net Capital Appreciation
 - High-Water Mark: Highest value account has reached on any billing date Profitable Net Asset Value