ACT FX Fund II
Exclusive for ACT only
What's ACT FX Fund?
ACT FX Fund is a collective investment vehicle that invest in margined foreign exchange. It is currently exclusive for ACT.
• This is going to be the 2nd Batch of ACT FX Fund.
• The 1st ACT FX Fund was held in 5 Feb 08 - 22 July 08
• Currency Pairse.g. EUR/USD, AUD/USD, NZD/USD, USD/TRY
• Spot Gold and Silvere.g. XAU/USD, XAG/USD
• Strategiese.g. Carry Trade, Trend Followinghttp://chunxchun.wordpress.com
How it works?
Currencies as an unique asset class which is capable to deliver returns in rising as well as declining markets.
Why FX Fund?
• Asset class differentiates itself from equity and bond markets
• Long & Short• Lowest Transaction Cost • Track Record
Track Record
NOT BAD!
• Custodian• Blog• Monthly Report• FX course• Online News Subscription
Enhancement
Even Better!!!
• Go through this presentation• Ask if you have queries• Join the FX course if you'd like to
learn more about FX• Make sure you understand what
you'll expect from this fund• Mark the "Important Dates" in your
schedule• Pay Attention to the email notification• Subscribe on time!!
What if I'm interested!
• Maximum Downside Risk
TOTAL LOSS! • Default Risk• Internet Risk • Currency Risk
Risks Exposure
• 14/8/08 - Briefing• 18-22/8/08 - FX course application• 23/8/08 - FX Course• 27/8/08 - FX Fund Subsciption Cut-off
(12:00nn)• 28/8/08 - Bank in collected fund • 1/9/08 - FX Fund Starts• 27/2/09 - FX Fund Closes• Mid-March - Distribute redemption
cheque
Important Dates
• Administration Fee: 2%
*reduce to 1% if total subscription over HKD$0.5M• Performance Fee: 10% of realized profits• Min. Investment Unit: HKD$2,000• Investment Horizon: 6 Months **
** Early Redemption Option: once account reached target profit, i.e. 2X, the fund manager has discretionary right to redeem the fund before 6 Months
• Target Return: DOUBLE!!
Subscription Details
Date: 23th August 2008Time: 10:00am - ?? (TBC)Instructor: William WuFee: HKD$200 (refundable)
FX Course
Content: • The Forex Market• Trade Currency Pairs• The Mechanics of Trading Currency Pairs• Fundamentals Make Currency Pairs Move• Charting Basics
THANK YOU