The best hedge fund ever?

[sim03]

I wouldn't be surprised if whatever AUM they've got is mostly retail, low 6-figure ($100K min) accounts. No sane institutional money would ever touch these guys. One word: drawdowns. They are grossly over-leveraged for a fund. Take a look at the year 2000 (+9.11%) and their self-reported track record month by month:

2000 -11.14% 63.44% 7.29% -32.43% -34.50% 51.58% -11.95% 41.15% -31.56% -62.85% 190.04% 13.92%

That's a 56% DD in Apr-May and another 75% DD in Sep-Oct. "We are investors, not traders"... no shit. Better fasten your seat belts.

 

[deviltrader]

I think the Oct 2000 performance would have given me a heart attack.

http://www.trendinvestor.info/Primary.htm

 

[atticus]

Something doesn't smell right. All of the IASG PDFs show a bit >$100k in their managed accounts. How can they offer to sell signals to the trades made under the CTA?

http://www.trendinvestor.info/service.htm?

 

[sim03]

What CTA? They are not registered with NFA:

http://www.nfa.futures.org/BasicNet/SearchResults.aspx?type=firm&firm=TRENDINVESTOR

None of this smells right. Not the way they solicit investors. Not those performance tables, with hypothetical compounding of "reinvested profits" to the moon.

 

[deviltrader]

I don't know why anyone would give away such a successful system for peanuts. I've been trading my system for 9 years and it's nowhere near as successful as this guy claims his is, but I wouldn't give mine away for less than $250k, and I'd only sell it to a few people at most.

 

[Maverick74]

Quote from sim03:

What CTA? They are not registered with NFA:

http://www.nfa.futures.org/BasicNet/SearchResults.aspx?type=firm&firm=TRENDINVESTOR

None of this smells right. Not the way they solicit investors. Not those performance tables, with hypothetical compounding of "reinvested profits" to the moon.

They are based in the UK and registered with their NFA equivalent service over there I believe.

 

[Maverick74]

Quote from deviltrader:

I think the Oct 2000 performance would have given me a heart attack.

http://www.trendinvestor.info/Primary.htm

You expect a fund that has a 305% year to not have any drawdowns? LOL.

 

[uptik2000]

Here's a monthly breakdown...looks impressive but fishy too.

 

[Maverick74]

Quote from atticus:

Something doesn't smell right. All of the IASG PDFs show a bit >$100k in their managed accounts. How can they offer to sell signals to the trades made under the CTA?

http://www.trendinvestor.info/service.htm?

There is a graph of the assets under management on the IASG profile page and it shows it increasing gradually to about 150 million plus to the current time. Not saying I believe it, just that it's there.

 

[Maverick74]

Here's the AUM graph.