Figures are net expenses, ie. already accounted for. Here's the historical NAVs. I own the B shares, click the link for Superfund B: http://www.superfund.com/HP07/Start.aspx?country=us&lg=en&Disclaimer=Show
That's correct. Superfund trades using trend following. But I bought and sold by anticipating trend reversals. Ie. I bought when I felt the funds losing trend would end, and sold when I thought their winning trend may be in jeopardy. Although, keep in mind I still have money in the fund. I just took some profit and will add back when I feel they are lagging behind again.
That's about right, up about 20% from Jan 1st 2007 till this week. Superfund B Shares NAV: 31Dec06 = 1821.99 Current (second week of May08) = 2186 http://www.superfund.com/HP07/Start.aspx?country=us&lg=en&Disclaimer=Show
Up 33% net of fees this year. New all time high. I thought this fund was suppose to implode. Where are all the nay sayers now? Hmm, guess not...
I've invested in Superfund Series B before for a year and took a gain. The only concern I see is the 5 year period from 2003 to end of 2007 where anyone would've got 0% return. The bright side is a lot of trend funds have had huge drawdowns during that same period. A good trend fund is a great way to diversify a portfolio. I got reamed hard investing in a hedge fund which lost over 70% before.
Oh sure, now the kudos comes. LOL. BTW, if you think their Class B shares are doing well, their Gold fund is up 61% YTD. The sad thing is, at some point, the commodities bubble will burst and they will become trendless once again. And when they do, Superfund will produce flat returns, maybe for years. And all the hooligans will come out of the woodwork and say this fund sucks. Let's just agree to this...when these futures markets are trending, Superfund is a pretty good place to be. When they are not, there are better places for your money. Obviously trend funds struggle in trendless markets. At least they are knocking it out of the park during the good trends. There are a lot of mom and pop investors that would love to be up 48% now YTD. Most mutual funds have gotten killed.