Risk Disclosure

Trading in foreign exchange and other leveraged financial instruments carries a high level of risk and may not be suitable for all investors. Leverage can work against you as easily as it can work for you: a small movement in the underlying market can produce a disproportionate loss relative to the capital committed.

The value of investments can fall as well as rise. You may lose more than your original capital, and in some circumstances you may be required to deposit additional funds to maintain a position.

VLVCI does not guarantee any level of return, and does not promise that any particular strategy will be profitable. We do not publish performance figures, and we would encourage you to be cautious of any firm that leads with them.

Past performance is not a reliable indicator of future results. Markets are variable, and outcomes depend on factors — macroeconomic conditions, liquidity, geopolitical events — that no participant can reliably forecast.

Market risk is the risk that the value of a position moves against you. Liquidity risk is the risk that you are unable to enter or exit a position at the price you intended, particularly during periods of market stress.

Counterparty risk is the risk that an institution through which positions are held or cleared fails to meet its obligations to you.

Property investments are similarly subject to market, liquidity and valuation risk. Real estate is an illiquid asset class: a property cannot be sold quickly, and a sale may only be achievable at a price below its assessed value.

Rental income is not guaranteed and may be interrupted by vacancy, tenant default, or changes to local regulation or taxation. Property values are affected by interest rates, local economic conditions, and the condition of the surrounding area, none of which are within our control.

Currency movements may also affect the value of a property asset to an investor whose liabilities or reporting currency differs from the currency in which the asset is held.

Nothing on this website constitutes investment advice, a personal recommendation, or an invitation to trade. The information provided is general in nature and does not consider your individual objectives, financial situation or needs.

Before entering into any transaction, you should consider whether it is suitable for you in light of your circumstances, and you should seek independent professional advice where appropriate.

The regulatory treatment of financial instruments and property assets varies by jurisdiction, and so does the tax treatment of any gains, income or losses. You are responsible for understanding the rules that apply to you and for any tax liability that arises.

VLVCI approaches these risks through structured risk management, a deliberately narrow opportunity set, and a long-horizon approach. None of that eliminates risk. Our work is to manage it with discipline, not to pretend it away.