Why has Prospero been able to beat the market so consistently? Prospero Capital has been able to beat the market consistently through superior research and insight into company and market trends. Our investment philosophy does not look for shortcuts to wealth accumulation. What is a registered hedge fund? A registered hedge fund is an investment product that offers significantly more flexibility in its investment strategy compared to a mutual fund or traditional hedge fund. Hedge funds can make money in up and down markets by investing in equities both long and short (betting against a company's stock price), buying and selling options to protect core holdings, and utilizing many strategies to adjust the overall risk of the portfolio. The investments a hedge fund makes will depend on its investors' risk tolerance levels; through our Antenor/Beaumont/Curan funds, Prospero offers investors three different levels of market exposure to meet their risk tolerance levels. What does leverage mean? Does Prospero Capital leverage my account? Investment leverage is a technique that involves accumulating debt to increase potential returns through an increase in risk. In a leveraged account, an investment manager borrows money and invests it in the funds' securities. If the securities appreciate, the upside is magnified as more money has been invested. If the securities lose value, however, investors will lose a greater percentage of their original investment. Prospero Capital does not believe in seeking higher returns through leverage and does not employ this technique in our funds. What is Prospero's fee structure? Prospero Capital's annual management fee is 1.5% of assets, charged quarterly in advance on the first day of each January, April, July and October and is based on the assets in the Funds on the immediately preceding December 31, March 31, June 30, and September 30.   Carried Interest - In addition to the management fee, Prospero Capital maintains a carried interest in the investment performance of the funds, based on the appreciation in the immediately preceding fee period. The carried interest will be 20% of the investment gains of the funds during each fee period, subject to a high-water mark requirement.   Example: If Prospero returns 3% in the first quarter of the year, the carried interest fee will be 0.6% for that quarter. If the account declines 1% in the second quarter and appreciates 2% in the third quarter, the carry will be zero in Q2 and will be based on a net 1% gain, or 0.2% in Q3 (high-water mark). How do I invest? If you are a qualified investor, you may request a prospectus and subscription agreement (click here). Will Prospero Capital divulge my confidential information to unrelated parties? No, please review our Privacy Policy for more details. How do I contact an investment professional to ask more detailed questions? For more information please call us at 212.495.5207 or e-mail us at invest@prosperofunds.com.