Quote from ellokn:
At this moment in time (and as I write this, their returns might even be much higher).
But investors are not buying into a moment in time, (hopefully) but instead a return over time. It is not possible to know what Qaudrigia returns over time are, as they market their fund with an index of various products, but not the product itself.
And don't go telling me that the fund is the exact same thing blah blah blah.
Unlike any JWH product or others like his, the LLP marketed in the US has a very short history. Have you read the offering memorandum in detail?
The reason Quadriga markets ONLY to retail is because they can get away with it through the cracks of each jurisdiction where their products are marketed. Retails investors are unlikely to look at anything other that that performance in a "moment of time." That is meaningless, but what sells.
This is not bashing anyone. But your boundless enthusiasm for the Quadriga products seems to have blinded you to some of the really questionable practices of the Sooooper funds.
There are funds and programs out there that out perform Quadrigia by far over time with less volatility.
You're love affair with these guys does not make sense.
You either are very naive, missing a few cards from the deck or both. The fund industry in general is pretty corrupt and full of unethical practices. Don't believe me? Why don't you subscribe to the John Lothian report and read about it daily. Most of the industry, due to it's lack of regulation, is full of fraud and misleading practices.
I have no money with Quadriga. I just know the mere mention of their name sends some on this board into uncontrollable rage, and yes, I enjoy watching that.
I don't have to defend them. No matter how you look at their returns, they have made money every year for a decade with the exception of last year. I don't care if they had 10 different funds for all 10 years. The bottom line is they make money.
You know how many funds go back 10 years? Try less then 5%. Most of them are gone. Now if Quadriga was blowing out and starting new funds every year, then you would have a point. But they have no reason to hide or mislead their investors. They have managed to do very well. Do they have drawdowns? Yeah, I guess they do. But they are nothing near what John Henry and other trend following funds have had.
Certainly no one should put all their money in a trend fund. But it's certainly a viable asset class for 5% of your funds. And Quadriga has been around longer then most and has outperformed it's peers.
So keep yacking about your public outcry over Quadriga. I'm sure at some point they will get big enough and the returns will become negative or substandard and people will leave Quadriga for good. Do I care? Nope. I just love rubbing the Quadriga juice all over the open wounds of the bashers. Hey, it's ET, what else you going to do on this site? LOL.
