How Would you manage this fund?

Would you also agree to share 40% of the losses?
Hello ironchef,

Profits = Revenue - Expenses

Expense = trading losses

Revenue = trading wins.

Please do not make life complicated.

Making money is easy in trading, once you think simple ALWAYS!
 
A million is not enough?

Then not quite there yet, I only have ~ a million in my day trading account.

1 million yen.
Hello ironchef,

Like me, you have alot of clicking to do.

We have no time for no more trading theories and trading lies.

Its ALL or NOTHING now.
 
Buy an SPX zero strike call (OTC)
Sell an SPX 1y 15% call
Buy a SPX 1y 100%-90% putspread

The whole structure receives a credit which is the profit to the company.
The trick is that the client get the price performance of the SPX but not the dividends.

Since you set up a strawman to be burned:

1. OP said SP500 returns, which would include yield.
2. Tax treatment of SPX would neuter it at 60/40 treatment.
 
Since you set up a strawman to be burned:

1. OP said SP500 returns, which would include yield.
2. Tax treatment of SPX would neuter it at 60/40 treatment.

What strawman? I don’t think you know what strawman means.

1. the fund gives you the price return of the SPX. Otherwise they would have quoted the SPX total return.

2. I don’t know what you are talking about. But if you were to creat this yourself you will get 60/40 treatment. Likely the fund in the OP will get full long term capital gains treatment. Using legal structures and accounting rules they are able to make the structure tax efficient. However none of this changes the pricing.

you so burned you have ambulances chasing you.
 
Make sure that they sign a sentence:

"Ability to lose ...(amount)"

That is the sentence that wealth management companies make sure that their clients sign.

If they do that you don't have to worry about anything.
If they don't, look for an other customer.

not relevant to this thread.

You ought to realize that you think that what you say is important to others, but it is not.
 
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