C
Cynic
Guest
In an article in yesterday’s Indo, Bill Tyson reports that Alder Capital has an extraordinary record in trading currencies.
When the two executives worked for Gaicorp in the IFSC their currency trading fund was the third best currency fund over a three year period.
Last year their fund earned 17.5% which makes them Ireland’s best performing unit linked fund.
They say that their fund is less risky than equities because equities can all go down together whereas the gain in one currency is matched by the loss in another. However, they wouldn’t sell their fund to widows and orphans. Why not if it’s less risky?
The only way to access the fund is through Friends First with a minimum investment of £50,000. <!--EZCODE ITALIC START--> The boss<!--EZCODE ITALIC END--> won’t like the charges: 2% per annum + 20% of all profits in excess of 7%.
If they are so great why haven’t we heard of them before?
Cynic
When the two executives worked for Gaicorp in the IFSC their currency trading fund was the third best currency fund over a three year period.
Last year their fund earned 17.5% which makes them Ireland’s best performing unit linked fund.
They say that their fund is less risky than equities because equities can all go down together whereas the gain in one currency is matched by the loss in another. However, they wouldn’t sell their fund to widows and orphans. Why not if it’s less risky?
The only way to access the fund is through Friends First with a minimum investment of £50,000. <!--EZCODE ITALIC START--> The boss<!--EZCODE ITALIC END--> won’t like the charges: 2% per annum + 20% of all profits in excess of 7%.
If they are so great why haven’t we heard of them before?
Cynic