THE RISK OF LOSS IN TRADING COMMODITY INTERESTS CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.

THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY INTEREST TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.

IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS. THE DISCLOSURE DOCUMENT CONTAINS A COMPLETE DESCRIPTION OF THE PRINCIPAL RISK FACTORS AND EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY THE COMMODITY TRADING ADVISOR.

THE REGULATIONS OF THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") REQUIRE THAT PROSPECTIVE CLIENTS OF A CTA RECEIVE A DISCLOSURE DOCUMENT WHEN THEY ARE SOLICITED TO ENTER INTO AN AGREEMENT WHEREBY THE CTA WILL DIRECT OR GUIDE THE CLIENT'S COMMODITY INTEREST TRADING AND THAT CERTAIN RISK FACTORS BE HIGHLIGHTED. THIS DOCUMENT IS READILY ACCESSIBLE BY CONTACTING PURPLE VALLEY CAPITAL, INC. YOU MAY ALSO REQUEST DELIVERY OF A HARD COPY OF THE DISCLOSURE DOCUMENT, WHICH ALSO WILL BE PROVIDED TO YOU AT NO COST. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL OF THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS. THEREFORE, YOU SHOULD PROCEED DIRECTLY TO THE DISCLOSURE DOCUMENT AND STUDY IT CAREFULLY TO DETERMINE WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THIS TRADING PROGRAM NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENT.

OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED BEFORE A COMMODITY ACCOUNT MAY BE OPENED FOR YOU.

PRIVACY POLICY

THE USER RECOGNIZES THAT NON-PUBLIC INFORMATION CONCERNING THE USER DISCLOSED BY THE USER TO PURPLE VALLEY CAPIITAL, INC., THE FUNDS, OR OTHER AGENTS OF EITHER (THE "INFORMATION") (SUCH AS THE USER’S NAME, ADDRESS, SOCIAL SECURITY NUMBER, ASSETS AND INCOME) (I) MAY BE DISCLOSED TO THE FUNDS’ ADMINISTRATOR, IF ANY, GENERAL PARTNER, AFFILIATES, ATTORNEYS, ACCOUNTANTS AND AUDITORS IN FURTHERANCE OF THE FUNDS’ BUSINESS AND TO OTHER SERVICE PROVIDERS SUCH AS BROKERS WHO MAY HAVE A NEED FOR THE INFORMATION IN CONNECTION WITH PROVIDING SERVICES TO THE FUNDS, (II) TO THIRD PARTY SERVICE PROVIDERS OR FINANCIAL INSTITUTIONS WHO MAY BE PROVIDING MARKETING SERVICES TO THE FUNDS PROVIDED THAT SUCH PERSONS MUST AGREE TO PROTECT THE CONFIDENTIALITY OF THE INFORMATION AND USE THE INFORMATION ONLY FOR THE PURPOSES OF PROVIDING SERVICES TO THE FUNDS AND (III) AS OTHERWISE REQUIRED OR PERMITTED BY LAW. THE FUNDS, GENERAL PARTNER, INVESTMENT MANAGER AND AFFILIATES RESTRICT ACCESS TO THE INFORMATION TO THEIR EMPLOYEES WHO NEED TO KNOW THE INFORMATION TO PROVIDE SERVICES TO THE FUNDS, AND MAINTAIN PHYSICAL, ELECTRONIC AND PROCEDURAL SAFEGUARDS THAT COMPLY WITH U.S. FEDERAL STANDARDS TO GUARD THE INFORMATION.