The best hedge fund ever?

Quote from Maverick74:

Their average return over 12 years is 102% a year. They also have about 175 million under management.
What, did they start with uncle Morrie's 38k pension fund?
 
I assume that the managed account is a commission model, not a 2/20 arrangement. I've seen some of these retail systems in which "managed account" simply means a hefty retail commission is paid on each transaction.
 
Quote from atticus:

I assume that the managed account is a commission model, not a 2/20 arrangement. I've seen some of these retail systems in which "managed account" simply means a hefty retail commission is paid on each transaction.

It's actually a 0/25 model. No management fees and 25% profit incentive per IASG.

This is a quote from their IASG profile.

"We do not charge a management fee as we believe all fees should be performance based; you only pay for our skills, when you win."
 

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Quote from Maverick74:

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

That would be the FSA. And no, not registered. Check it
yourself:

http://www.fsa.gov.uk/Pages/register/

The fastest way to a stellar track record is to make it up.
By whom are TrendInvestor's numbers audited? IASG's
numbers are self-reported by the firms listed.

This is a scam at a likelihood of over 90%, the clues are
all over the website -- cheesy and unprofessional design,
spelling and grammatical errors, selling a world beating
system retail for peanuts....

And I don't care if the word "trend" is in the name or
not, twelve years of 100% returns and you would have
investors lined up, you wouldn't be selling your signals,
issuing bogus challenges, and writing articles for "major
financial websites" like GoldEagle.com!

Also, the numbers don't add up -- sample variance ratio
(monthly/yearly) matches no distribution ever generated
by the markets. Try resampling the monthlies and you'll
see what I mean.

I know you are a respected member of this board, but
the position you are taking here is nonsensical. Is this
some kind of prank on your part?
 
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