1168990--3/30/2007--QUADRIGA_SUPERFUND

related topics
{interest, director, officer}
{tax, income, asset}
{investment, property, distribution}
{operation, international, foreign}
{regulation, change, law}
{cost, contract, operation}
{condition, economic, financial}
Forward Transactions are Not Regulated and are Subject to Credit Risk Non-Correlated, Not Negatively Correlated, Performance Objective Superfund Capital Management Analyzes Only Technical Market Data, Not Any Economic Factors External to Market Prices Speculative Position Limits May Alter Trading Decisions for Each Series Increase in Assets Under Management May Affect Trading Decisions Each Series Trading is Not Transparent Investors are Taxed Based on Their Share of Profits in Each Series Tax Could be Due from Investors on Their Share of Each Series Ordinary Income Despite Overall Losses Deductibility of Management and Performance Fees Fees and Commissions are Charged Regardless of Profitability and are Subject to Change Failure of Brokerage Firms; Disciplinary History of Clearing Brokers Investors Must Not Rely on Past Performance of Superfund Capital Management in Deciding Whether to Buy Units Lack of Independent Experts Representing Investors Reliance on Superfund Capital Management Possibility of Termination of Each Series Before Expiration of its Stated Term Each Series is Not a Regulated Investment Company Proposed Regulatory Change is Impossible to Predict Forwards, Swaps, Hybrids and Other Derivatives are Not Subject to CFTC Regulation Options on Futures are Speculative and Highly Leveraged Each Series Will Trade Extensively in Foreign Markets

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