Managed Futures Fund

[wj888]

Based on the chart alone, recovery to the previous peak in 2008 was the longest since inception.

The question I will ask is in the first place why now decide to open to public? Is it possible due to heavy withdrawal of funds from the accredited investors?

Could be. That is one of the thing about being in a fund.
You cannot control redeemption and the fund have to take a hit at the most unfortunate time when the stock prices are low. In this case, for the futures, I'm sure they will still take a hit even with the cash buffer since leverage positions typically required a certain cash obligation to the banks.

To add.. I gave up on funds totally after my own real life experiences.. One of the private bank property fund is still forcing me to hold a amount in the fund as they seek to unwind the fund. It's been 2 years..of no redemption... and you see the value of the fund dwingling from $20 per share to the current $4plus per share and they still don't let you redeem.

Funds dying(cease operations) are very real and typical occurrance in the real world as long as capital is not forthcoming (thru the investors) and it makes no sense for the fund house to operate with no profit margin. Ultimate purpose of a fund house is ... spin out a number of funds.. get as much money as you can in each of them.. get good performance preferably for all.. if not, closed down the lousy ones and just advertised your EXPERTISE in the best one ..and then use that Branding to spin more new funds (Again using your past performance on one of your best performing funds to entince new investors).. IT'S A HIT AND RUN SHOW man!


http://thewealthjourney.blogspot.com/201...funds.html => This one details all the funds I've been invested in and the experiences with them. YUCKS..

[d.o.g.]

This one details all the funds I've been invested in and the experiences with them. YUCKS.

Sorry to hear you had bad experiences with funds. The sad reality is that like insurance, most funds are sold and not bought. The good funds are seldom open to new investors, and they don't want to pay kickbacks to private banks to distribute their funds.

Funds distributed via private banks usually come with very high fees too. It's win-win - the fund company gets money to invest, and the banks get fees from the clients and kickbacks from the fund company. The client unfortunately is not one of the winners in such arrangements.

I talked to a private banker before too about providing my services to the bank's clients. I was horrified to learn that the standard practice was to:

1. Park the client's money in the bank (of course);
2. Charge an annual wrap fee on the money (!);
3. Direct transactions through the bank's own high-priced brokerage (!!); and
4. Pay me kickbacks from the brokerage fees (!!!)

In other words, in exchange for agreeing to the client being overcharged, I would get a share of the loot. Obviously, the more I churned the client's account, the more brokerage fees he would incur - and the more I would get paid.

I decided I preferred a more ethical way of doing business and did not proceed.

[wj888]

I talked to a private banker before too about providing my services to the bank's clients. I was horrified to learn that the standard practice was to:

1. Park the client's money in the bank (of course);
2. Charge an annual wrap fee on the money (!);
3. Direct transactions through the bank's own high-priced brokerage (!!); and
4. Pay me kickbacks from the brokerage fees (!!!)

In other words, in exchange for agreeing to the client being overcharged, I would get a share of the loot. Obviously, the more I churned the client's account, the more brokerage fees he would incur - and the more I would get paid.

I decided I preferred a more ethical way of doing business and did not proceed.

Kudos to you on choosing the more ethical way to do business I choose to do ethical investing as well. I passed up on Genting and other vices-related (and military related) stocks as I do not want to be involved in destroying the life's of thousands.

Anyway, I've wised up and depend on myself more and more. I must say dividend collecting and coupon payments are damn addictive. haha.

[Jon-san]

This one details all the funds I've been invested in and the experiences with them. YUCKS.

Sorry to hear you had bad experiences with funds. The sad reality is that like insurance, most funds are sold and not bought. The good funds are seldom open to new investors, and they don't want to pay kickbacks to private banks to distribute their funds.

Funds distributed via private banks usually come with very high fees too. It's win-win - the fund company gets money to invest, and the banks get fees from the clients and kickbacks from the fund company. The client unfortunately is not one of the winners in such arrangements.

I talked to a private banker before too about providing my services to the bank's clients. I was horrified to learn that the standard practice was to:

1. Park the client's money in the bank (of course);
2. Charge an annual wrap fee on the money (!);
3. Direct transactions through the bank's own high-priced brokerage (!!); and
4. Pay me kickbacks from the brokerage fees (!!!)

In other words, in exchange for agreeing to the client being overcharged, I would get a share of the loot. Obviously, the more I churned the client's account, the more brokerage fees he would incur - and the more I would get paid.

I decided I preferred a more ethical way of doing business and did not proceed.

RESPECT!

[corydorus]

Cool. There are many ways to earn money. Just do Not understand how can highly educated individuals and large cooporations can indulge such activities to enrich themselves on the expense of people hard earned $. Worst of all legally. No value created. Consumer protection at it's worst.