The following excerpt is from the company's SEC filing.
(a)(1) ML Winton FuturesAccess LLC (the “Registrant”), ML Winton FuturesAccess Ltd. (the “Offshore Fund”), Merrill Lynch Alternative Investments LLC (the “MLAI”) and Winton Capital Management Limited (the “Trading Advisor”) are parties to an Advisory Agreement dated as of May 26, 2004 as amended by an Amendment to Advisory Agreement dated as of June 17, 2014 and further amended by an Amendment to Advisory Agreement dated as of August 14, 2014 (the “Advisory Agreement”). MLAI is the sponsor and manager of the Registrant and the sponsor of the Offshore Fund. Pursuant to the Advisory Agreement, the Trading Advisor h as provided commodity trading advisory services for the Registrant and the Offshore Fund, and has directed the trading activities of the Registrant and the Offshore Fund.
Prior to January 31, 2015, the Trading Advisor managed a separate account for the Offshore Fund. As of January 31, 2015 the Offshore Fund transferred all of its assets previously in its separate managed account with the Trading Advisor to the Registrant in consideration for Units in the Registrant, and the Offshore Fund no longer directly invests in a separate managed account with the Trading Advisor but rather acts as a “feeder fund” by investing its assets in the Registrant.
(2) The Amendments revised the Advisory Agreement to reflect that the Trading Advisor no longer directly provides commodity trading advisory services to the Offshore Fund under the Advisory Agreement.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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