Quadriga Superfund - Managed Futures

Quote from Sanjuro:

lsudaytrade,

Your calculations are correct.

If Sample Fund AAA starts with 100k
Makes 100k and goes up to 200k in 2003
Loses 100k and goes down to 100k in 2004

2003 +100%
2004 -50%
The percentages are base on NAV.
Even though the fund lost 100k, it lost a smaller percent
since it had more money in 2004.

I do not see how these numbers have anything to do
with Quadriga since they never made 100% or lost 50%
in a given year. You were confusing people since they
didn't know you were using example numbers and thought
you were talking about Quadriga numbers.
More...

These numbers has nothing to do with Quad.. I am just making sure I fully understand these performance calculations that companies provide. I guess I confused some folks when I said "Fund A" in my example b/c Quad's fund is named "A" as well. But I did say 100K and Quad's numbers are in the billions.

Sorry for the confusion, but thanks for the clarifcation.
 
just wondering

Oh wait, everyone is going to become a billionaire putting money in quadriga, earning 20-30-40-50-60-70-..................percent per year

wheeeeeeeeeeeeeeeeeeeeeeeeeeeeee
grab on, here we go
 
Quote from braye:

just wondering

Oh wait, everyone is going to become a billionaire putting money in quadriga, earning 20-30-40-50-60-70-..................percent per year

wheeeeeeeeeeeeeeeeeeeeeeeeeeeeee
grab on, here we go
More...

Who cares if they blow up? Any fund can blow up right? Hell, a mutual fund can blow up. Anyone remember the Jacob internet fund? The point is, every investment has risk right. If there wasn't any risk in Quadriga, there wouldn't be any return right? Risk and return is the same thing. It's called volatility. This is trading 101. The day quadriga stops taking risk is the day I pull my money out.
 
I looked thru their broshure and site but couldn't quite find how much the SUPERFUND Series A and Series B each has under management.

Would you happen to know roughly how much is in each, Mav?

Thanks..
 
Quote from lsudaytrade:

I looked thru their broshure and site but couldn't quite find how much the SUPERFUND Series A and Series B each has under management.

Would you happen to know roughly how much is in each, Mav?

Thanks..
More...

I looked up on their website and it said the offering document is issued for up to 200 million for both the Series A and the series B. Now that does not mean that is how much money they actually have under management for each but rather the maximum they can have under each before the funds are closed. The last time I talked to Max, I think they are about 25% to 50% there. But don't quote me on that.
 
Quote from Maverick74:

Not that I know of. I don't think they can merge funds because it is registered with the SEC.
More...

(before going any further, i should make it clear i AM NOT suggesting Quadriga is doing this...)

funds do merge and keep one of the old names. what happens at the SEC level, i don't know, technically perhaps both funds shut down and instantaneously a new fund with the name of one of the old ones opens - i just don't know.

i do know, however, that when merging funds the resultant fund can take it's historical performance from *either* fund. ie, there is no cap-weighted averaging of performances. it doesn't take a rocket scientist to figure a million scams with this: start a bunch of very small cap funds with very specific strategies, whenever the main fund needs a booster for advertising purposes, pick a hot-streaking microfund and merge it in - keeping the hot fund's performance.

again, i am not in any way suggesting this is happening at Quadriga. just saying that fund merging history is an important item to ask about - because i can't be the only one who has thought of this and we all know what the street is like...
 
Quote from damir00:

(before going any further, i should make it clear i AM NOT suggesting Quadriga is doing this...)

funds do merge and keep one of the old names. what happens at the SEC level, i don't know, technically perhaps both funds shut down and instantaneously a new fund with the name of one of the old ones opens - i just don't know.

i do know, however, that when merging funds the resultant fund can take it's historical performance from *either* fund. ie, there is no cap-weighted averaging of performances. it doesn't take a rocket scientist to figure a million scams with this: start a bunch of very small cap funds with very specific strategies, whenever the main fund needs a booster for advertising purposes, pick a hot-streaking microfund and merge it in - keeping the hot fund's performance.

again, i am not in any way suggesting this is happening at Quadriga. just saying that fund merging history is an important item to ask about - because i can't be the only one who has thought of this and we all know what the street is like...
More...

Yes, I'm sure this is commonplace in the industry. I don't think Quadriga does this because Quadriga is basically one fund. They are all the same. There is no advantage to merge funds for advertisement purposes. They are all the same. The only difference between them is the underlying currency in which you invest with and the amount of leverage. So it's a good question, but in Quadriga's case, it's a moot point.
 
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