The disclosure document for this managed fund that is going to be traded for the first time by Alex Wasilewski is now effective and attached for your convenience.
When you read it remember the performance is not Alex's, but Al Green, the founder.
There is no mention in the document how much, if any, capital Al and Alex are personally contributing. My philosophy is if the CTA's are not materially invested, then don't let them manage your money. They need to eat what they kill.
The 35% incentive fee is way to high for a fund with such a short record let alone one that is now going to be traded by an individual (Alex) who has heretofore never managed money as a professional and according to the document has no track record of consistent profitability.
Caveat Emptor.
When you read it remember the performance is not Alex's, but Al Green, the founder.
There is no mention in the document how much, if any, capital Al and Alex are personally contributing. My philosophy is if the CTA's are not materially invested, then don't let them manage your money. They need to eat what they kill.
The 35% incentive fee is way to high for a fund with such a short record let alone one that is now going to be traded by an individual (Alex) who has heretofore never managed money as a professional and according to the document has no track record of consistent profitability.
Caveat Emptor.