Quadriga Superfund - Managed Futures
- Thread starter USAtrader
- Start date
We tie the high water mark to each investor's individual account balance. If it were based on the NAV, then as a new investor, your fees would vary based on whether you invested at an equity peak or in a drawdown. You could avoid performance fees based on losses that _other_ people have weathered. Individual high water marks are a fairer method.
After watching futures funds come and go since about 1996 and having invested in two. I think the game is the following. Watch performance of new funds and get in early and jump out after recovery from first big drawdown but also have and absolute stop loss as well.
Why because perhaps the managers have talent and set up good systems in a recent market. but will they have talent going forward? Two will their systems accomodate much greater amounts of money. Slippage, scaling?
Or, go with the large guys with true long term records.
Richard Dennis, (whom I had money with and managed to escape with a small profit) was on CNBC once stating he was having trouble getting his money in an out. Imagine the slippage these guys get as their funds are all bloated with hot money.
Why because perhaps the managers have talent and set up good systems in a recent market. but will they have talent going forward? Two will their systems accomodate much greater amounts of money. Slippage, scaling?
Or, go with the large guys with true long term records.
Richard Dennis, (whom I had money with and managed to escape with a small profit) was on CNBC once stating he was having trouble getting his money in an out. Imagine the slippage these guys get as their funds are all bloated with hot money.
How is this fund imploding. I think on their website it says they are down like 6% or something YTD. Or am I missing something here? Also, if Quadriga is imploding then what is the Schindler Fund doing as they are down even more, I believe 20% YTD. Some of us here are actually interested in the Schindler Fund and by some of the comments on this board you are acting as if any fund that has a drawdown is crap. Aaron is currently going through a 35% drawdown. It doesn't seem so bad when you compare it to the fact that his fund was up 97% in 2002.
Let's try to cool it with the colorful adjectives describing other funds. If you have a fund that is doing better, show us your results. Or if you want to recommend a better fund, we're all ears here. Personally I have looked at the John Henry funds and a few others but none of them had any kind of transparency to speak of. What I mean by that is, I want to know what my fund is doing every month, not every qtr. I want to be able to take money out on a month by month basis, not every qtr or every year. Quadriga and Schindler seem to provide this transparency. I'm leaning towards Schindler because I like how his fund shoots for the moon. Hey, I'm being honest, I'm not a risk averse guy. I want those 50% to 100% returns. I don't know why anybody would ever invest in a hedge fund to make 10% to 20% a year. It just doesn't make any sense to me. Especially with the fees you pay.
So I guess what I am saying is that I would like some ET members to come forward and shout out some other funds that meet my criteria. I have access to all the hedge fund data bases so if it's a well known fund I've probably already looked at them. Let's stop attacking Quadriga and Schindler and start being productive here. This thread is a joke. Hundreds of posts attacking other funds, jeez. I'm waiting, I'm all ears.
Are there any funds that show a consistant 5% per month AFTER drawdown ? Now, I mean each 30 days net 5%, not any less and not an average.
I ask this, because this is my criteria for my own trading.
Michael B.
I ask this, because this is my criteria for my own trading.
Michael B.
The "Super" funds that are still OPEN to investment have in fact been getting "hammered" since the beginning of the year as Riskarb stated earlier:
Superfund A: -14.4%
Superfund B: -23.0%
Superfund C: -30.8%
Superfund A: -14.4%
Superfund B: -23.0%
Superfund C: -30.8%
Great, another guy jumps on this thread that has no idea what he is talking about. Hey Einstein, I signed up for free e-mail updates from Quadriga. The A fund is down 10%, B is down 13% YTD as of yesterday. And there is no C in the US, only A and B. Your numbers are way off, I don't know where you are getting them.
Anyway, we are trying to move the focus of this thread to hedge funds like Quadriga. Do you know of any? Or are you going to continue the bashing of this one particular fund? It's an honest question. And a word of advice, in the future, before you stick you head in the middle of something that you know nothing about, do a little bit of research. Thanks.