WKI FAQs

Why do you call it a Managed Program and not a Managed Fund?
The technical definition of a fund refers to pooled capital from several investors. White Knight manages each clients account separately, your funds are in your own broker account; your money is not comingled with anyone else’s money.

Does your trading team or management have access to my capital?
No, you never send any money to us. You open your own account with the broker directly and then sign a Power Of Attorney that gives us access and rights to trade only on your behalf – we physically cannot withdraw a penny from your account, ever.

Will I have visibility to my account balance?
Yes, it is your broker account, you will have 24/7 real-time access to view your account balance and trading activity.

Is my entire account balance being traded?
No, we never have more than 5% of your capital in open trades or exposed via stop-losses at any time. Fully 95% + of your capital is margin and is cash in your broker account at all times.

How much notice do I need to give White Knight to withdraw my funds?
Technically, because your account is cash in your broker account, you can withdraw your funds at any time without notice. We ask our clients to give us 48 hours notice so we can stop taking any new positions and allow any open trades to complete in their natural cycle.

I don’t see much legal disclosure documentation on your website like I do with Hedge Funds and Mutual Funds, why is that?
Unlike with Hedge Funds and Mutual Funds, you do not ever give your funds to us; you open an account directly with the broker so these disclosures are all contained in the documentation you receive in the process of opening your account with them.