How about a structure like this: Gross Returns => Incentive Fees => Max DD 40.00% => 20.00% => 10.00% 60.00% => 30.00% => 15.00% 80.00% => 40.00% => 20.00% 100.00% => 50.00% => 25.00% and a client can choose what (s)he wants from these options?
You want $56K a month on $700K. I can do $10K every a month on $700k using 2:1 margin with about 3% drawdowns. Anything more than that and I would have to risk more than 5%. nitro
Actually no one was able to make the requested return. 8% a month (after fees) is 251% a year when compounded (1.08^12). I'm guessing the thread starter wants their money compounded, or else wheres the challenge? Now, just to make sure everyone gets this right. 8% a month after fees is ~10.7% a month before fees. 10.7% a month = 338% annualized. If I could do that, I'd only have to start with $1000, compounded at 338%, within 10 years I'd have $194 million. If we were to start with 700,000, that would make $136 billion, putting you on the cover of forbes. So goodluck with that.
Hey, as I stated earlier ... I'd be damn happy with a 15% annual return with no monthly drawdowns - can anyone do it? I might even allow a 1% monthly drawdown, but this should not occur more than 1 month in a 12 month period. It's hard to believe, but there was actually a time when the 30 year T-Bond was yielding 15%! http://finance.yahoo.com/q/bc?s=^TYX&t=my Regards, Slave2Market