Register in the client portal, complete KYC and the eligibility questionnaire.
Four risk profiles, from the most conservative to the most aggressive. You start where you feel comfortable.
Your contribution is credited to an escrow account before the subscription is processed (pre-funding), in scheduled windows.
AP pools the capital and channels it to hedge funds and liquidity providers with cleared KYB. Your participation evolves at NAV, calculated by an independent administrator.
Monthly statements, annual audit and redemptions on scheduled dates according to your program.
Each program declares its risk budget, its horizon and its exit rules. You start where your profile fits and move up as your experience grows.
The most conservative strategy in the range: systematic, quasi market-neutral, designed to seek growth with the most contained volatility. For those who want to start with measured risk — not a bet.
Who is it for? Investors who prioritize stability and contained risk, or who are taking their first step.
It combines a diversified base with measured directional and macro exposure, seeking growth with moderate volatility. The heart of the range for progressing without taking extreme risk.
Who is it for? Investors seeking balanced growth over the medium term.
A multi-strategy approach that combines a systematic engine with accredited discretionary managers. A larger risk budget and a longer horizon, for the informed investor who understands and accepts volatility.
Who is it for? Informed investors, with a medium-to-long-term horizon and tolerance for moderate-to-high volatility.
The most aggressive strategy: concentrated, high-conviction, with greater leverage and a wide, declared risk band. Reserved for professional or qualified investors. Limited capacity.
Who is it for? Only professional or qualified investors who accept large drawdowns.
All investment involves risk, including the possible loss of capital. A risk budget is communicated, not a target return. Past performance does not guarantee future results. The binding conditions of each program are confirmed in its rules, available before subscription. This is not investment advice.
| Patrimonial Reserve | Capital Balance | Dynamic Capital | Prime Vision | |
|---|---|---|---|---|
| Profile | Conservative | Balanced growth | Active growth | Aggressive (concentrated) |
| Strategy | Strictly systematic; quasi market-neutral | Diversified base + measured directional/macro overlay | Multi-strategy: systematic + accredited discretionary | Concentrated, high-conviction, greater leverage |
| Suggested horizon | Short term | Short-to-medium term | Medium-to-long term | Long term |
| Eligibility | Retail-eligible | Retail-eligible | Informed retail / semi-prof. | Professional / qualified only |
| HWM + hurdle | Yes — the performance fee applies only on new highs and above the hurdle rate; it crystallizes annually and on redemption | |||
| NAV and audit | Independent NAV, administration and audit across the range | |||
| Conditions | Minimums, fees, lock-up and liquidity — with your account manager or upon completing registration and KYC | |||
Not just the program's fees: also what it costs to get in and out. Full transparency so you can compare properly.
There is no subscription fee: you only bear the cost of the transfer rail you choose to fund (bank, SWIFT or stablecoin).
Each program sets an annual management fee within a capped, published TER — the manager absorbs any excess. The performance fee applies only if there are new highs.
An anti-dilution adjustment on subscriptions and redemptions covers the cost of deploying or unwinding positions — and stays within the program.
Each program discloses its full fees before subscription, with no fine print. Learn them with your account manager or in the client portal upon completing registration and KYC verification.
The systematic backbone scales the lower-risk programs; the discretionary component rises with risk and is provided by accredited managers, subject to committee veto.
The four programs share these strategy blocks in different weights: they are a risk ladder, not isolated products. The categories promise no results; each block is only included if it passes backtesting and risk limits.
Each program sets a minimum holding period; afterwards a declining penalty applies that reaches 0% — and whose proceeds stay in the program, for the benefit of participants.
Redemptions in defined windows, with each program's own notice period. Partial redemptions allowed while keeping the minimum.
A cap on redemptions per window depending on the program; any excess is prorated and queued, with the calculation published.
On full redemptions a portion is withheld until the audited statements confirm the NAV — protecting both those who stay and those who leave.
It designs the programs, clears KYB with each institution and channels the pooled capital. It does not calculate its own NAV.
Hedge funds, liquidity providers and accredited managers operate with their own teams, with multi-venue execution and best execution.
NAV, custody and audit are handled by independent third parties for all four programs. The numbers you see are not produced by AP Markets.
Assets minus liabilities, divided by units: the program's price per unit. It is calculated by an independent administrator.
The historical high of the NAV; the performance fee is only charged above it — never twice for the same result.
A minimum return, tied to cash, above which the performance fee applies.
Capital entering the program (purchase of units). It requires the cleared deposit in an escrow account before being processed.
Exit from the program (sale of units), processed on scheduled dates according to the program's frequency, with notice.
An initial period without redemptions, followed by a declining penalty that reaches 0%. The penalty proceeds stay in the program.
A cap on redemptions per date; any excess is prorated and queued, with the calculation published.
A portion of a full redemption withheld until the audited statements confirm the NAV.
The annualized risk budget each program commits to — risk is communicated, not return.
A fall from the peak. Each program defines levels (soft and hard) at which it systematically reduces exposure.
By default, profits are reinvested into the NAV (compounding). Some programs offer a distribution class with periodic payout of profits realized above the HWM.
A charge on subscriptions and redemptions that covers the cost of deploying or unwinding positions; it stays in the program.
One who meets the required wealth or sophistication thresholds. Prime Vision is exclusive to this profile.
The NAV and units are denominated in USD; USDT/USDC can be used as an entry and exit method (on-ramp / off-ramp).
No. You participate in an AP Markets Ltd. program: it is AP that pools participants' capital and channels it to hedge funds and liquidity providers with which it has already cleared KYB.
Know Your Business: due diligence between institutions. AP Markets clears it with each counterparty before channeling capital — a process an individual investor can hardly complete on their own.
At NAV (price per unit): you enter at a price and your result evolves in exact proportion to your contribution within the program — like a PAMM, but for investing.
Each program sets its minimum investment according to its profile. Your account manager confirms the minimum of the program you are interested in, and you will also see it in the client portal upon completing registration and KYC verification.
After your program's minimum holding period, you request the redemption with the applicable notice and it is processed on the next scheduled date. The exact exit conditions — holding period, notice and protection mechanisms — are detailed in each program's rules and with your account manager.
Each program has a management fee and a performance fee; the latter is charged only on new highs (high-water mark) and above the hurdle rate. There is no entry fee. The exact percentages are disclosed before subscription: with your account manager or in the portal after registration.
The NAV, custody and audit are handled by independent administrators — not by AP Markets. You receive monthly statements and an annual audited report.
The default policy is accumulation (compounding). Depending on the program, there are distribution classes or scheduled withdrawals of profits realized above the high-water mark.
Open your account, validate your eligibility and discover the programs that apply to your profile.
