Search results

Does any CTA offer ¡§notionally-funded accounts¡¨ in your CTA program? How often your clients use it? What are pros or cons to offer such option to client? If you offer it, how complicated to do your performance and fee calculation?

Does Interactive Brokers help you to raise money?

So what is your (average) "performance bond to equity ratio (PBER)" in your current account?

Assuming: 1. Your CTA program (the Program) inception data is 1/1/2005. 2. The disclosure document (dated 1/1/2005) specifies the fee is 1/10. 3. Before 1/1/2008, you have 10 client accounts. 4. You charge 1/10 to all such 10 client accounts. 5. On 1/1/2008, you like increase your fee...

Thank ssb11 and bolterv for the excellence inputs.

Does Interactive Brokers (IB) introduce Clients to you (as a money manager, such as CTA, etc) if you use IB as the executing FCM?

Hi, 2cents, what is the drawbacks for introducing brokers to introduce clients to a CTA? I have a couple of introducing brokers who would like to introduce some clients to me. But I am not sure to accept them yet, since they want me to use a specific executing FCM. I prefer just to stay with...

Based on this chat, I got following data (approximately): 1. About 14 year 2. About 250% return 3. About return = 9.4% compound Does the above calculation look ok? Or did I miss some thing?

Thanks, ssb11. So 3pm=tpm

Hi, ssb11, thanks very much for sharing. By the way, what does "3pm" mean?

Can any one share some experiences?

For investor who has much more that 250K, do they use introducing brokers? I will assume that for larger investors, they will just go directly to CTA. Why they have to go through introducing brokers to find CTA? There really are not many CTA programs out there (about 500).

Can any one share any experience in this?

So, what do most CTAs do in management and incentive fees calculations? I am trying to learn more in this area. Thanks.

It looks like your already use "IB monthly performance fee autobill". I do not aware IB support "monthly performance fee autobill". I though IB only supports "quarterly performance fee autobill". (Calculate fee quarterly and bill quarterly as well. Not sure if they support high water mark...

If I understand ChrisM correctly, you will still charge Jan performance fee (1.6%) and use Jan as the high water mark. So you will charge 0% to Feb and Mar. Based on above, you still have to calculate performance fee EACH and EVERY month. But the actual billing submission may be done either...

Other ways? Would you mind to explain further? Thanks.

I see. So you really still have to calculate fee and performance monthly. You just bill the client quarterly (list and add three month fees together). Thanks.

I agree with you completely. It is important to calculate this MER correctly...