Regulatory Disclaimer

The Fund is recognised as an Alternative Investment Fund in accordance with the Financial Services and Markets Act 2000 (FSMA) and is categorised as a non-mainstream pooled investment (NMPI). In line with the guidelines of the Alternative Investment Funds Directive (AIFD) established by the Financial Conduct Authority (FCA) in the UK, the Fund is neither authorised nor approved by the FCA. Being an unregulated scheme, it is not permissible to market it to retail clients in the UK. However, the management of the Fund is overseen by MCI Global Investment Advisors (MCI GIA), who are duly authorised and regulated by the FCA for the management of Alternative Investment Funds as defined under the AIFM guidelines.
Prospective investors should consider carefully whether an investment in the Fund is suitable for them, taking into account all of their personal circumstances. The Fund may not be a suitable investment for all recipients of this IM. The value of investments can go down as well as up, and you may not get back the money you originally invested.

Investments into the Fund will not have any protection from the Financial Services Compensation Scheme, and you could lose all of your investment.

Novus Black Fund UK LTD is a UK limited company with the company number, 14091422, and registered address, Suite 3, Park House, Lancaster Way Earls Colne Business Pk Airfield, Colchester CO6 2NS

Novus Black Fund UK Ltd is managed by MCI Global Investment Advisors Limited, an FCA Regulated AIFM with FRN: 948996

Investments into this fund will not have any protection from the Financial Services Compensation Scheme. Do not invest unless you’re prepared to lose all the money you invest. 
This is a high-risk investment. Take 2 minutes to learn more…

Novus Black LTD is a UK limited company with the company number, 13531968, and registered address,Suite 3, Park House, Lancaster Way Earls Colne Business Pk Airfield, Colchester CO6 2NS

Important Notice Regarding Regulatory Requirements Imposed on MCI Global Investment Advisors Limited

The Financial Conduct Authority (FCA) has granted MCI Global Investment Advisors Limited’s (FRN 948996 (MCI) application to place requirements on it, which will impact the management of Novus Black Fund Ltd (NBF). These regulatory actions are intended to protect the interests of investors.

Key Details of the Requirements:

Novus Black Fund UK Ltd:

  • No new activity will be conducted on any broker accounts held for NBF.
  • All open positions at brokers will be closed, including the netting off of any fully hedged positions.
  • Daily reporting of the broker account balances will be provided to the FCA until further instructions are received.
  • Broker balances will be transferred in accordance with FCA written instructions.

More details of these requirements are available on MCI’s Financial Services Register entry
at:  https://register.fca.org.uk/s/firm?id=0014G00002fd8htQAA

A further update will follow in due course.

MCI Global Investment Advisors Limited