Quadriga Superfund - Managed Futures

AshanD · Jul 14, 2005

I do not see what is special about this fund. Performance stats for the "B" fund:

2002 1,159.77 +15.98 %
2003 1,481.19 +27.71 %
2004 1,730.29 +16.82 %
2005 1,356.00 * -21.63 %

The SP500 does better than that

risktaker · Jul 14, 2005

There is nothing special. They did well in the go-go years when they managed less money and now it's just all BS hype.

Quote from AshanD:

I do not see what is special about this fund. Performance stats for the "B" fund:

2002 1,159.77 +15.98 %
2003 1,481.19 +27.71 %
2004 1,730.29 +16.82 %
2005 1,356.00 * -21.63 %

The SP500 does better than that

Kicking · Aug 13, 2005

Thse guys are marketing themselves like crazy . See the website, it's all about Quadriga that returned 500%, then when you look at the other funds (those that are still open ) they are not doing so well. Also the fees are nowhere to be seen. Anyone has insight into which markets they trade predominantly, their strategy and the differences between the funds. (is it for ex.pure long term trend following, coupled with short term reversal strategies, short term trading etc.) In other words if you believe big trends are coming in FX , bonds and stocks should you take a look at these funds?

Corso482 · Sep 12, 2005

Quote from Kicking:

Thse guys are marketing themselves like crazy . See the website, it's all about Quadriga that returned 500%, then when you look at the other funds (those that are still open ) they are not doing so well.

I don't see what the big deal is. The B series, which is the most volatile available to US investors, is down 14% this year. It's never had a down year and averages big, healthy gains. I don't see why people are so eager to criticize its performance.

fitrol · Sep 13, 2005

Quote from Corso482:

I don't see what the big deal is. The B series, which is the most volatile available to US investors, is down 14% this year. It's never had a down year and averages big, healthy gains. I don't see why people are so eager to criticize its performance.

I agree with Corso.
I accept that these guys are a little volatile, but they have come up smelling of roses in years where no-one else made any money...of course they are marketing themselves like crazy, they want to make more money...its a little thing called greed which attracts everybody here to this site and this business, so lets not all be too hypocritical.
Make hay while the sun shines, cuz when its starts to rain they will be out of business.
& b4 the vultures swoop I personally would'nt invest in them as they are too volatile for my liking, but thats not to say I don't respect their performance.

Peace & Profit

trillenium · Sep 14, 2005

When does anybody stop them from "legally" screwing the investor ?????

Here are their costs for their Superfund A Eur SICAV:

4.5 % upfront fee
0.5 % p.m -- I guess thats management fee per month !!
25 % incentive fee

and i heard they charge the investor 30 $ round turn (i dont know whether that is true but heard it from a very trustworthy source) .

good luck making money with them !!

5yrtrader · Sep 14, 2005

Quote from trillenium:

When does anybody stop them from "legally" screwing the investor ?????

Here are their costs for their Superfund A Eur SICAV:

4.5 % upfront fee
0.5 % p.m -- I guess thats management fee per month !!
25 % incentive fee

and i heard they charge the investor 30 $ round turn (i dont know whether that is true but heard it from a very trustworthy source) .

good luck making money with them !!

The performance figures are after fees, so if they make you a healthy return after they take those fees who cares. If someone makes 20% per year net of fees who gives a sh_t what they charge.

Ebo · Sep 14, 2005

I was lucky with my timing.
I averaged into the B shares starting in mid 2003 and liquidated at the end of 2004. I netted 39% over 19 months.
Is it volatile? yes, that's why you average in and out.
I really could care less if Christian Baja drives a fleet of Formula One cars, or charges $30 RT!

NAV 1347 hmmmmmm....... Time to play roulette again?

Corso482 · Sep 14, 2005

Quote from trillenium:

When does anybody stop them from "legally" screwing the investor ?????

They are one of the best performing hedge funds in the past decade and they're pretty much the only one available to the small investor. How exactly are they screwing people over? By making them lots of money even after costs???

ElectricSavant · Sep 14, 2005

If they shared more of what they made with their clients, then it would truly be a great fund...The elaborate scheme of their various fees, is a true wonder! I wonder who thought them up?

Michael B.

P.S. Why not get it over with... and state that they make a bigger portion of the profits than their clients.

Quote from Corso482:

They are one of the best performing hedge funds in the past decade and they're pretty much the only one available to the small investor. How exactly are they screwing people over? By making them lots of money even after costs???