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KCAP/USD

40.47

investment terms and conditions

1. The minimum investment amount is USD 100 in cryptocurrency equivalent.

2. The standard maximum investment amount is USD 2,000,000 in cryptocurrency equivalent. Investments exceeding this amount may be considered on an individual basis and require prior approval from Korzhyk Capital.

3. Deposits and withdrawals are made in cryptocurrency.

4. Information on the value of one investment share is updated at least once every three days (usually once a business day or more often).

5. Korzhyk Capital investment share is abbreviated to KCAP.

6. The purchase of investment units by investors and their redemption by Korzhyk Capital are carried out once a month, during the first days of the month (usually from the 1st to the 5th). The application for purchase or sale of investment shares must be submitted in advance. Special terms and conditions are possible for investors with an investment amount of $1,000,000 or more (in fact, it is possible to enter and exit at any time).

7. The minimum investment period is three months (the period is counted from the last purchase of investment shares). The penalty for early withdrawal of funds is 10% of the investment amount for all clients, except for investors who have invested in the fund more than $1,000,000. Special terms and conditions are possible for investors with an investment amount of $1,000,000 or more (in fact, it is possible to withdraw at any time without penalty).

8. Investment shares are sold subject to the investor’s purchase bid and each time the information on the investment share value is updated. Therefore, when the investor submits a purchase bid for investment shares, their estimated number should be indicated. It will be accurate at the time of the last update of the information on the value of one investment share. Since the exact number is assigned only after the share value has been updated, the number of share actually purchased may differ slightly from the estimated number that has been calculated in the purchase bid. The primary factor is not the number of purchased investment shares but the invested amount. The total capital of the fund is divided into investment shares in order to distribute the fund’s profits or losses as accurately as possible to the capital invested by each individual investor.

9. The company fee for capital management varies from 0 to 1% per month of the invested capital. The fee is included in the value investment share.

10. The minimum amount for withdrawing funds from the Fund is USD 100 in cryptocurrency equivalent.

11. The company purchases the investment shares from the investor subject to the investor’s purchase bid and each time the information on the value of one investment share is updated. Therefore, when the investor submits a bid for sale of the investment shares, their estimated number should be indicated. It will be accurate at the time of the last update of the information on the value of one investment share. But since the shares are repurchased only after the share value has been updated, actually received funds may differ slightly from the estimated amount indicated in the purchase bid for shares.

12. Commission for purchase of the investment shares due and payable by the company amounts to 1%.

13. No commission is charged for keeping funds in the cryptocurrency account.

14. Restricted Investors

Korzhyk Capital does not accept investments from U.S. Persons or from persons resident or established in jurisdictions that the Fund considers restricted. The Fund also does not accept any individual or entity that is subject to applicable sanctions, or is owned or controlled by a sanctioned person or entity.

At present, Korzhyk Capital does not accept investments from persons resident or established in Russia, Iran, North Korea or Cuba. U.S. Persons are not accepted regardless of their place of residence or establishment. The Fund reserves the right to refuse any investment for legal, regulatory, sanctions, AML/KYC or compliance reasons.