Disclaimer

1. Company & Regulatory Status

Mana Investment SAS is a French société par actions simplifiée (SAS), incorporated on 18 September 2026, registered under 108 613 001 RCS Sens, with share capital of EUR 40,000.

Its registered purpose includes quantitative research, proprietary software and analytical infrastructure, and the management and investment of the company's own capital. The declared start of activity recorded in the Kbis is 1 October 2026.

Mana Investment is not authorised by the Autorité des Marchés Financiers (AMF) and does not manage third-party capital. No regulated investment service is offered through this website.

Company registration is not regulatory authorisation. The registered purpose specifies that activities requiring authorisation may not be carried out without first obtaining the necessary approvals. Company identification and Legal Notice →

2. No Offer or Solicitation

The information contained on this website is provided strictly for informational, educational, technological and research presentation purposes only.

Nothing contained herein constitutes, or should be construed as, an offer to sell, a solicitation to buy, investment advice, portfolio management services, brokerage services, order transmission services or any other regulated financial activity.

No investment decision should be made based solely upon the information presented on this website.

3. Research & Development Disclosure

Mana develops and uses a proprietary multi-market research engine. A103 is its documented ES/GC application; its results do not represent all research programmes. Descriptions of models, validation and controls concern the internal research environment. References to more than fifteen years of research concern work preceding incorporation, not the age of the company or a fifteen-year trading record. Research history →

4. Performance Information

Published A103 results are historical research simulations, not actual trading performance. R1 applies monthly capitalisation and maximum-contract-limit rules to the source net P&L. Its reporting formalisation is separate from the underlying strategies' selection in late 2025. The earlier fixed-capital study remains a distinct archive.

The reference ceiling is up to 3 ES per USD 300,000 and 2 GC per USD 100,000. The multiplier has a floor of one while equity is positive; it imposes no minimum holding. Gains remain in each component without reset or rebalancing. R1 assumes proportional replication of the reference profile; higher ceilings alone do not demonstrate proportional results.

Modeled transaction costs are included and scaled proportionally. Slippage and order-size effects on execution prices are not separately modeled. Management/performance/structure fees, taxes and cash yield are excluded. Monthly reporting does not replay executions, intraday positions, margin constraints or emergency controls, and its drawdowns do not capture daily or intraday peaks and troughs.

Actual outcomes may differ materially. Historical results do not predict future returns; loss of capital is possible. Calculation definitions and the observation period are provided on Performance and in the report.

5. Technical Architecture & Data Integrity

References to operational multi-market infrastructure, internal validation, execution controls, monitoring procedures or safeguards describe the internal research environment and its processes. Technical support for a market does not, by itself, establish the performance of a strategy on that market.

Systems are developed with traceability, consistency and operational control objectives in mind. Such references should not be interpreted as external certification, independent audit, regulatory approval or guarantees of operational performance.

6. Intellectual Property

Unless otherwise indicated, all content presented on this website, including but not limited to text, visual materials, proprietary concepts, research descriptions, methodological materials and documentation, is proprietary and is protected to the extent permitted by applicable law.

The portfolio-level R1 sizing policy is described in the public research documentation. Detailed signal logic, model parameters, selection criteria, implementation details and internal research processes are not publicly disclosed.

Unauthorized reproduction, distribution or commercial use of any materials presented herein is prohibited without prior written authorization.

7. Confidentiality

Additional strategy, operational and due diligence documentation may be made available selectively to professional or institutional counterparties on a case-by-case basis and, where appropriate, subject to confidentiality arrangements.

Mana Investment reserves the right to decline requests for additional information at its sole discretion.

8. Jurisdictional Limitations

Access to information presented on this website may be restricted under the laws and regulations of certain jurisdictions.

It is the responsibility of each visitor to ensure compliance with applicable local laws and regulations prior to relying upon any information contained herein.

Persons accessing this website from jurisdictions where such access would be unlawful should refrain from using its contents.