Terms and Conditions, Risk Disclosure, Subscription & Redemption Features Agreement

Review the information and complete via digital signature. This process is Step 6 of onboarding.

Version 3/29

General Terms and Conditions for Trident I Global Macro Fund, LP

1. Fund Structure

• Name: Trident I Global Macro Fund, LP

• Type: Limited Partnership

• Domicile: Wyoming, USA

• Manager: Trident Fund Management, LLC

2. Management and Performance Fees

• Management Fees:

  • 2.5% annually for investments of $100,000 to $1.99 million.

  • 2.0% annually for investments of $2 million to $4.99 million.

  • 1.5% annually for investments above $5 million.

• Performance Fees:

  • Returns from 6.95% to 12%: 15% of the profits.

  • Returns from 12.01% to 16.95%: 25% of the profits.

  • Returns above 16.95%: 35% of the profits.

  • The performance fee is based on the returns that exceed the hurdle rate of 6.95%, assessed annually.

3. Investor Subscription and Commitments

• Minimum Initial Investment: $250,000.

• Subscription Window: Initial subscriptions will be accepted from April 30, 2025, until December 31, 2025, with the possibility of additional subscription periods as authorized by the Fund Administrator.

• Capital Commitment: Investors are obligated to fulfill their capital commitments as agreed upon in the subscription documents.

Risk Disclosure

1. Market Risk

• The value of investments may fluctuate significantly over short periods due to changes in market conditions, affecting the overall fund performance negatively.

2. Leverage and Derivatives Risk

• The use of leverage and derivatives can lead to substantial losses, as these tools can magnify the impact of market movements on the fund’s capital.

3. Liquidity Risk

• Certain investments may be in markets or instruments that exhibit low liquidity, complicating the process of unwinding positions without considerable losses.

4. Counterparty Risk

• The failure of any financial counterparty or broker involved with the fund could lead to substantial losses, potentially impacting the ability to recover invested capital.

5. Regulatory and Legal Risks

• Changes in laws, regulations, or governmental policies could adversely affect the fund’s operations or tax practices.

6. Valuation Risk

• The valuation of fund assets, particularly non-liquid assets and private securities, involves judgments or assumptions that may not always result in accurate or timely assessments, affecting reported returns and investor equity.

7. Operational Risk

• The fund may be exposed to errors, failures, or disruptions in operational processes that could affect investment outcomes or the ability to process transactions.

Subscription and Redemption Features

1. Subscription Details

• Process: Investors are required to complete a detailed subscription agreement, which includes investor qualification forms, acknowledgments of risks, and declarations of compliance with anti-money laundering regulations.

• Documentation: All investors must provide adequate documentation to verify their identity, source of funds, and investor status.

2. Redemption Policy

• Notice Requirement: A written notice of redemption must be provided at least 90 days prior to the desired redemption date.

• Redemption Windows: Redemptions are processed semi-annually, with specific windows at the end of June and December each year.

• Redemption Gate: The fund implements a redemption gate allowing only 15% of the fund’s net asset value to be redeemed in any given redemption window.

• Early Withdrawal Penalties: Redemptions made within the lock-up period may be subject to penalties as stipulated in the fund documents.

3. Lock-Up Period

• Duration: There is a two-year lock-up period during which withdrawals are restricted, to ensure the stability and long-term investment focus of the fund.

4. Liquidity Management

• The fund maintains policies to manage liquidity such as retaining a portion of assets in more liquid investments to meet redemption requests and other obligations efficiently.

The signature below constitutes your written, legal signature, and agreement to all above terms.

By signing below, you acknowledge and affirm that:

1. Review and Understanding: I have received and carefully read the Private Placement Memorandum, including the Terms and Conditions, Risk Disclosures, and Subscription and Redemption Features pertaining to the Trident I Global Macro Fund, LP. I have had the opportunity to discuss any questions or concerns regarding this investment with my legal, tax, and financial advisors.

2. Agreement to Terms: I agree to abide by all terms and conditions set forth in the documentation, including but not limited to the management and performance fee structures, subscription and redemption processes, and all risk disclosures. I understand that these terms govern my investment in the Trident I Global Macro Fund, LP and the relationship with Trident Fund Management, LLC.

3. Legal and Regulatory Compliance: I confirm that I am an accredited investor as defined by the applicable securities laws and regulations and that I have provided accurate and complete information concerning my accreditation status. I agree to notify the fund management immediately of any changes in my accreditation status or other material changes to the information provided.

4. Investment Risks: I fully understand that investments in hedge funds, including the Trident I Global Macro Fund, LP, carry certain inherent risks, including the potential loss of principal. I acknowledge that the fund's performance can be volatile and that past performance is not indicative of future results.

5. Legally Binding Agreement: I understand that this signature is legally binding and confirms my commitment to invest the specified amount in the Trident I Global Macro Fund, LP under the terms described in the subscription documents. I acknowledge that this investment does not have a guaranteed return and that I may lose part or all of my investment.

6. Privacy and Confidentiality: I agree to maintain the confidentiality of the information provided in the Private Placement Memorandum and other related documents and understand that unauthorized disclosure of this information could result in legal action.

   
   

Signature:

By signing below, I affirm that I have fully read, understood, and agree to all of the terms and conditions outlined above and that I am legally bound by my signature hereon.