Golden Jade is a private investment management firm that offers investment advisory services
to Clients on a discretionary basis through separately managed accounts in exchange for a
performance fee. Portfolio positions of each separately managed account are options contracts
held to capture “options premium” from the most liquid exchange traded funds, (ETF’s,) listed
on major US stock exchanges. The core holdings of each separately managed account are
normally selected to generate incremental returns on a monthly basis. In addition to options
writing strategies, Golden Jade may also make strategic trades, (normally long call options,) also
in the most liquid ETFs, where the manager believes market conditions have created valuation
anomalies. Generally speaking, the portfolio construction of each separately managed account
will be of two-thirds options writing positions (trades seeking to capture options income,) and
one-third market valuation style trades. While Golden Jade’s investment advice is currently
limited to the foregoing types of investments, Golden Jade may provide advice on any type of
investment held in a Client’s portfolio at the inception of the advisory relationship or on any
investment for which the Client requests advice.
Golden Jade provides a customized and individualized investment program for Clients by
applying the investment strategy and philosophy described in Item 8 of this Brochure.
However, Golden Jade reserves the right to advise Clients on any other type of investment
deemed appropriate based on the Client’s stated goals and objectives.
Please contact Mr. Chen, Chief Compliance Officer, if you have any questions about this
Brochure. Golden Jade, a Delaware limited liability company formed on April 29, 2013, is
owned and controlled by its founder and sole principal, Mr. Yu-Dong Chen.
The principal office of Golden Jade is located at 12F, No. 221, Sec.4, Jhongsiao E. Rd., Taipei City
106, Taiwan and regular business hours are from 9:30 am to 4:00 pm (EST), Monday through
Friday. Additional information about Golden Jade is available on the Internet at
www.adviserinfo.sec.gov. You can search this site by a unique identifying number, known as a
CRD number. The CRD number for Golden Jade is 167923. Mr. Chen, the sole individual
associated with Golden Jade’s provides its investment advisory services as he is appropriately
licensed, qualified, and authorized to provide such services to Clients.
As of December 31, 2022, Golden Jade had $2,600,000 Client assets under management on a
discretionary basis.
Clients sign an Investment Management Agreement (“Agreement”) with Golden Jade. Golden
Jade offers clients a choice of two investment advisory agreements; one version offers a type of
“money-back guarantee”. A separate managed account (“Managed Account”) is maintained
for each Client at the Custodian and the Client retains all rights of ownership and control to
their Managed Account.
5 Golden Jade Capital Management, LLC – Part 2A of Form ADV
Investment account assets consist of (i) all such cash and investments of the Client
as the Client
may place under the supervision of Golden Jade from time to time, plus (ii) all investments,
reinvestments and proceeds of the sale thereof, including, without limitation, all dividends and
interest on investments, and all appreciation thereof and additions thereto, less depreciation
thereof and withdrawals therefrom (“Investment Account Assets”).
The minimum account size that shall be accepted by Golden Jade is one hundred ten thousand
U.S. dollars (USD $110,000) and the Client may add to or withdraw funds from its investment
account (the “Investment Account”) in increments of five thousand U.S. dollars (USD $5,000) at
any time as long as the Investment Account Assets remain equal to or in excess of such amount.
In order to become a Client, prospective Clients must represent and warrant to Golden Jade
that: (i) it has full capacity and authority to enter into the Agreement and to perform its
obligations thereunder; (ii) it has all governmental and regulatory licenses, registrations and
approvals required by law as may be necessary perform its obligations under the Agreement;
(iii) it will not, by entering into the Agreement and performing its obligations hereunder, breach
or cause to be breached any undertaking agreement, contract, statute, rule or regulation of any
court or any governmental body or administrative agency or self-regulating authority having
jurisdiction over it; and (iv) should it be acting on behalf of third-party investors, it has
determined the extent of any information regarding Golden Jade that is required to be
provided to such third-party investors and takes sole responsibility therefore.
Clients must meet certain minimum suitability requirements determined by Golden Jade.
Investors must respond to all questions listed in the Agreement in order to be able to become a
Client of Golden Jade.
Golden Jade may reject any person’s request to become a Client for any reason.
Golden Jade does not guarantee any specific level of performance, the success of any
investment decision or strategy that Golden Jade may use, or the success of Golden Jade’s
overall management of the Client. The Client understands that investment decisions made for
the Client by Golden Jade are subject to various market, currency, economic, political and
business risks, and that those investment decisions will not always be profitable.
There is no guarantee that the advisory services offered would result in the Client's goals and
objectives being met. There is no guarantee of profit or protection from loss. The fees and
expenses in connection with these advisory services may be higher than the cost of similar
services offered through other financial firms or the fees associated with other financial
services. No assumption can be made that any particular advisory services, investment strategy
or fee arrangement will provide better returns than other investment strategies.
Clients are responsible for notifying Golden Jade of any changes to their financial situation or
investment objectives.
6 Golden Jade Capital Management, LLC – Part 2A of Form ADV