Invex Advisors LLC is an investment adviser formed in 2012 based in Coral Gables, FL. We are organized as a limited liability company under the laws of the State of Delaware and are owned by Invex Holdings, Inc. Invex Holdings, Inc. is owned by Invex Controladora S.A.B. de C.V.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Invex Advisors LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Our firm provides investment advisory services to individual high net worth individuals, to which we provide investment advisory services pursuant to managed account relationships, banking institutions, and investment companies that include three private funds incorporated in Cayman Islands.
Portfolio Management Services We offer discretionary portfolio management services. Our investment advice is tailored to meet our clients' needs and investment objectives.
If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. We will also have discretion over the broker or dealer to be used for securities transactions, and over the commission rates to be paid. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms.
You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing.
We may also offer non-discretionary portfolio management services. If you enter into non-discretionary arrangements with our firm, we must obtain your approval prior to executing any transactions on behalf of your account. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.
Adviser to Affiliated Private Funds We serve as the investment adviser to the Invex Income Fund, Invex Short Duration Strategy, and Invex Global Opportunities (the "Fund," whether one or more) organized under the laws of Cayman Islands and governed by the Cayman Islands Monetary Authority. The directors of the Fund are Mike Kara and Remy Obermann. The Fund is an exempted company limited by shares and registered as a segregated portfolio company which is registered as a mutual fund. The custodian is Pictet & Cie out of Luxembourg, and the administrator of the Fund is FundPartner Solutions (Europe) S.A. The Fund is designed to allow its Shareholders in each Segregated Portfolio to collectively invest in accordance with the investment objectives and strategies set out in the Fund's Private Placement Memorandum.
Clients of our firm may be solicited to invest in the Fund and are hereby advised that our firm and/or its associated persons may have an incentive to recommend the Fund over other investments and that the advisory fees charged by our firm are separate and apart from the fees associated with investing in the Fund. The Fund is offered only to certain sophisticated investors and only via private placement 4 memorandum and other offering documents. Investors and prospective investors should refer to the Fund's offering documents for a complete description of the investment objectives, risks, fees, and

other relevant information regarding the Fund.
The compensation arrangements we have with the Fund present a conflict of interest because we may have a financial incentive to recommend that you invest in the Fund. While we believe that the compensation arrangements that we have with the Fund are competitive, such compensation may be higher than the compensation charged by other firms providing the same or similar services. You are under no obligation to purchase shares in affiliated or other private funds. The fees we charge are separate and in addition to any fees and expenses charged by the Fund. For any client with investment in the Fund, we will not charge a management fee for the amount invested in the Fund. You should refer to the prospectus for a complete description of the fees, investment objectives, risks and other relevant information associated with investing in the Fund. In providing our services, we seek to achieve capital appreciation generally through long and short investments in publicly traded and privately traded debt securities but may also make other types of investments on behalf of our clients as we deem appropriate.
Our firm tailors our advisory services to the individual needs and specified investment mandates of our clients. With respect to the Fund, we adhere to the investment strategy set forth in the offering memorandum. With respect to our managed account assets, we adhere to the investment strategy set forth in each managed account agreement.
Wrap Fee Program We do not participate in any wrap-fee programs.
Types of Investments We primarily offer advice on private funds and Bonds. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss below for additional disclosures on this topic.
Additionally, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best 5 interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Assets Under Management As of December 31, 2023, we provide continuous management services for $534,747,000 in client assets on a discretionary basis.