General Description of Advisory Firm
Complus (the “Manager” and “Sub-Adviser” or the “Firm”) was incorporated on 25 October 2019
by Kam Kwok Ching and is a private limited company in Singapore. It is also licensed with the
Monetary Authority of Singapore (“MAS”) in Singapore. Complus is beneficially owned by
Complus Investment Limited, Complus Holdings Limited, and Kam Kwok Ching.
Complus has two affiliated investment advisers, Complus Asset Management Limited (“CAML”)
and Complus Asset Management (UK) Limited (“CAMUK”), that file reports with the SEC as
registered investment advisers and are registered with the National Futures Association (“NFA”)
as Commodity Pool Operators (“CPO”).
Description of Advisory Services
Complus, as the Manager of Complus Asia Fixed Income Fund, Complus Asia Macro Master Fund
Ltd and, Complus Asia Macro JPY Fund (collectively, the “Funds”), has delegated the Investment
Management role to CAML, but provides its resources to CAML to manage the Funds as well as
the managed accounts (“Managed Accounts”) according to their respective investment
management agreements and investment guidelines. Together, Complus, CAML, and CAMUK
carry out the investment activities for the Funds as well as providing discretionary investment
management services for the Managed Accounts in Asian and
G10 interest rate and currency
markets.
The Funds are not registered under the Securities Act of 1933, as amended (the “Securities Act”),
and the Funds are not registered under the Investment Company Act of 1940, as amended (the
“Investment Company Act”). Accordingly, shares in the Funds are offered exclusively to investors
satisfying the applicable eligibility and suitability requirements to private placement transactions
within the United States or in non-United States transactions, and only by means of an offering
memorandum.
All discussions of clients’ investment terms in this document, including but not limited to their
investments, strategies, fees and other costs, conflicts of interest and relevant material risks are
qualified in their entirety by reference to the relevant offering memorandum and governing
documents (with regard to the Funds) and the relevant investment management agreements and
disclosure documents (with regard to the Managed Accounts).
Wrap Fee Programs
Complus does not participate in or offer any wrap fee programs.
Client Assets
As of 31 December 2023, Complus, CAML, and CAMUK had regulatory assets under
management of approximately US$ 4,070,000,000 and managed net assets under management of
approximately US$ 2,685,000,000.
All assets are managed on a discretionary basis.