RESULT & STANDING (MONTH 12) – AS OF AUG. 31, 2016
It has been a challenging yet exciting journey since Derivatix Fund was founded on September 1st, 2015. That time it had only a handful number of initial investors with small amount of asset under management. However, as the time went on and we maintained an outstanding tracking record base on our innovative trading strategy and advanced risk management methods, more and more investors trusted us and joined the Fund.
Now at the first anniversary, Derivatix is 8 times larger on asset under management and 4 times larger on number of investors compare to the inception date. During the past 12 months, it has delivered a lucrative 45% profit to the initial investors who joined the fund at the first day and stayed with it ever since. It is worth to note that at the same time period S&P500- the main market benchmark- gained only 10%. I sincerely thank all who trusted the fund and gave us the opportunity to make a much more productive return on our hard made money.
While we are wrapping up the trading activities of current quarter, we are now open to accept new investors for the next quarter of 2016. I would announce the new series of information seasons later this week at this page so you would have an opportunity to learn more about Derivatix investment terms and its trading strategy. Stay tuned!
The overall markets didn’t move much in August and mainly gyrate in a narrow range. S&P500 grew only 0.12% and Dow Jones Industrial Average lost 0.10%. There was still a big winner in our list in this quiet market. Bank of America gained more than 11% in August to recoup most of its earlier losses in 2016. Other big winners were US Oil and Netflix each with more than 6% gain. Derivatix made about 4.5% profit in August to help erase the 3.7% lost in July and return back to the positive territory for the current quarter. For the entire 2016, Derivatix is at the top of the list with 23.7% profit (net after all fees) followed by Gold and Facebook with 23% and 20.5% gain respectively. The big loser in 2016 is Netflix with about 15% loss.
Since inception on Sep. 1st 2016 (12 months ago), Amazon took the first place with amazing 50% profit making Jeff Bezos –the CEO- the fifth richest person in the wold. Derivatix is second at 45% profit (net after all fess) and then Facebook at 41% gain. The big losers meanwhile were US Oil and Netflix with 35% and 15% loss respectively. More detail can be found here.