The best hedge fund ever?

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.

 

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

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

 

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?

 

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.

 

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.

 

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

 

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

 

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

 

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.

 

Here's the AUM graph.