Not sure which forum to ask in. I know a guy that wanted to invest in a managed futures account. He’s identified a few that he likes but they all require that you be an accredited investor. His net worth doesn’t qualify him but he’s got 100k in cash. Is there a way around these rules? I’ve been looking around for funds that don’t require accredited status? I mean funds that have a track record (good track record)? Ideas appreciated.
Accredited investor barrier
- Thread starter long
- Start date
The original poster is looking for beginners info and you give him an obscure acronym.
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ONE way to do it;
find a neighbor in a neighborhood that could do it legal.
He could give part or all of it to that person, even if he lost it all ;
hard to get a good education for under $110k , so live long +lifelong learn.
IF 97% of rules are common sense; proceed with caution, good question, Long
I think Dunn and a few others have mutual funds with low minimums.
As with all hedge fund strategies I think manager selection is as important as strategy selection and your friend might be limited.
This is a good site for reviewing CTAs.
https://www.iasg.com/
***Free to use but must sign up to see detailed information.
Many are QEP but some are not. Usually the one's with lower min. inv. are for all investors.
A few that have acceptable WDD, CAROR and min. inv. below 50K.
Personally, the only column that matters to start scrolling is WDD. Higher than 30% is a no for me. Takes too long to recover unless they have a good CAROR.
If WDD is OK, then CAROR along with min. inv.
If those 3 are acceptable then click on the program name below the trader to see if QEP requirement and further program information.
***Option writers can have a nice looking performance but if the track record is short I'd be careful. They often have slow steady profits until they fall off a cliff.