Yes. You can request a withdrawal at any time by notifying us in writing. However, the minimum mandate term is one year. If you withdraw before the end of the first year, an early exit fee of 5% of account equity applies, calculated after any performance fees due. Positions are unwound and funds returned to your bank account within a few business days.

Your capital is held in a segregated account at a regulated Swiss partner bank, in your name. Swiss Adona never holds client funds. We operate the strategy on your account under a discretionary mandate.

Each mandate references a maximum drawdown target of 20%, 35%, or 50% depending on your risk tier, calibrated to the peak open drawdown observed in our live strategy results since October 2024. Position sizing is managed systematically to stay within this target under normal market conditions. These are reference levels, not hard circuit breakers: in extreme market conditions, drawdown could temporarily exceed the stated figure. The targets are set with sufficient headroom to account for this. You are notified if drawdown approaches your tier's reference level, and positions can be fully closed on request.

The high-water mark is the highest value your account has ever reached. We take 40% of gains only above that level. If your account is below its peak, we earn nothing until it fully recovers and exceeds the previous high.

The minimum mandate term is one year. You may exit before then with written notice, subject to an early exit fee of 5% of account equity (calculated after performance fees). After the first year, the mandate can be terminated at any time with no exit fee.

Swiss Adona has applied for a FINMA asset manager licence under the Swiss Financial Institutions Act (FinIA). Approval is pending. Once licensed, all mandates will be governed by Swiss law and subject to FINMA supervision and annual audit. We are not currently accepting new mandates until the licence is granted.