FAQs
Frequently Asked Questions
Eligible clients may access Libra-managed strategies through a segregated managed account or a third-party-issued investment note. Availability depends on jurisdiction, custodian or bank acceptance, investor eligibility and the applicable governing documents.
The account is opened in the client’s name at an approved third-party custodian. Under a written advisory agreement and limited trading authority, Libra manages the portfolio while the client retains ownership of the account assets.
Depending on the mandate and permissions, Libra may manage ETFs, selected equities, fixed-income instruments, cash equivalents and systematic futures strategies. Eligible instruments, limits, liquidity requirements and reporting are defined in the advisory agreement.
It is a security issued by an independent third party that provides exposure to a Libra-managed strategy. The investor owns the note, not a segregated underlying account. Libra is not the issuer, custodian or guarantor, and the final offering documents control.
Where supported, an eligible investor may purchase and hold the note through an existing bank or investment account. Availability depends on the financial institution, jurisdiction, investor eligibility and final offering documents.
Public regulatory filings, including disclosed holdings of selected investment managers, may be one research input. Libra evaluates each position independently and does not represent that it replicates another manager’s portfolio in real time.
Rules-based models generate entries, exits and position sizes across selected liquid, exchange-traded futures markets. Strategies may hold long or short exposures under predefined limits for leverage, concentration, margin, liquidity and drawdown.
Fees vary by mandate and implementation structure. Advisory fees, performance-based fees where applicable and permitted, and product-level expenses are disclosed in the applicable advisory agreement, Form ADV or offering documents before the client enters the relationship or purchases a note.
Libra’s Florida investment-adviser registration can be reviewed through IAPD under CRD 333647, and its commodity trading advisor and NFA information through NFA BASIC under NFA ID 0577422. Registration or membership does not imply endorsement or guarantee performance.