Dual Momentum Fund

[Nick Radge]

This caught my attention they’re based in Perth. However, take a look at the number of positions!

https://www.memecapital.com.au/wp-content/uploads/2018/08/july-2018.pdf

[ZachSwann]

I thought the performance fee was a bit rich

[Nick Radge]

13.8% per annum?

Probably be a lot better if they traded less. Must be a lot of comm’s and paperwork with that quantity of trading happening.

[RobGiles]

why trade so many positions? Easier to sell a “well diversified portfolio” perhaps?

[TrentRothall]

Nick Radge wrote:

13.8% per annum?

Probably be a lot better if they traded less. Must be a lot of comm’s and paperwork with that quantity of trading happening.

Especially with a 50k investment @ 100+ positions! They must have a way to rank positions to have a min investment per position

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