Acknowledging increased demand for transparency among private and institutional investors, Provin is providing a wide range of reports and generally open access to investors who wish to conduct thorough due diligence. 

Reporting Practices
As outlined more specifically in our Report Section on this site, investors have access to daily, weekly and monthly reports detailing performance and positions in the portfolio.

Quarterly Audits
Our auditor provides quarterly audits of the fund's financial reports issued by the administrator. Moreover, the auditor verifies each position held in the fund with the custodian of record. A reconciliation of the fund's positions and investment style with the strategy explained in the Private Offering Memorandum is conducted by the auditor as well. 

Asset Confirmation
Both the administrator and the auditor conduct independent verification of the fund's assets. The administrator downloads the information directly from the custodian as does the auditor. Pricing of securities and other positions is verified independently and then reconciled with the information provided by the custodian.

Weekly Newsletter
Provin issues a weekly newsletter every Monday of the week. The newsletter highlights investment opportunities the investment manager has identified. In addition, the newsletter talks about the stance of the overall market and evaluates specific sectors in the market as well as economic and technical market indicators. 

Daily/Weekly Performance Numbers
Daily and weekly reports update investors about the fund's performance, the long and short exposure of the fund and the leverage deployed.

Transparent Strategy
The fund's investment strategy, the positions held by the fund,  the selection process and hedging techniques are made transparent to investors to the fullest extent. Only information that may jeopardize the economic success of the fund and affect performance is not shared. This relates primarily to some of the proprietary indicators which disclosure would adversely affect shareholders' interests..