Can someone explain this track record?

P

PohPoh

Monthly Return YTD Return Assets Under Mgt

11/30/06 1.77% 214.00% 166,762

10/31/06 2.17% 208.54% 183,439

09/30/06 5.29% 201.99% 206,554

08/31/06 23.28% 186.81% 161,821

07/31/06 11.62% 132.65% 112,050

06/30/06 1.07% 108.43% 66,800


This doesn't make much sense, does it??
This was from Autumn GOld..
 
Different people may base their percentage return on different things. Some may use % of margin. Others may do it differently. The most realistic number may be percentage of account size, so someone with a 10K acct. that gains 20% made 2000.
 
It is a Year To Date return by the end of each month.

So they were up 108% in the first 6 months, then the next month they added another 24% making it 132%, and so on...

Still looks good, although they slowed down in Oct and Nov...
 
Quote from Pekelo:

It is a Year To Date return by the end of each month.

So they were up 108% in the first 6 months, then the next month they added another 24% making it 132%, and so on...
More...

I know...but the next month they were up 11% and the YTD return went up 24%...
Is that creative compounding?
 
late apex is correct, the math on that record looks fine. Keep in mind how compounding works.

If you are up 100% for the year and have a 5% month, then you are up 110% for the year, and so on. It works the same on the downside as well.

All of those who report to AutmnGold (and others) simply report the monthly return - AutumnGold does the math after that.
 
That's a pretty amazing run especially considering the way assets ballooned. They must have substantial risk on board to make that kind of cash.
 
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