i-Fund obviously cannot be trusted to be impartial about this since FXIG is a competitor. They'll need to back that claim up with something. At the moment it's just 'oh FXIG will close next month' with no explanation of how he came to that conclusion.
i-Fund obviously cannot be trusted to be impartial about this since FXIG is a competitor. They'll need to back that claim up with something. At the moment it's just 'oh FXIG will close next month' with no explanation of how he came to that conclusion.
I think it's safe to ignore i-Fund.
Well, I guess i should have expected that news to be spreading here too...
Anyway, here's a little email from FeederFund to calm you guys down...
Quote:
Well it would be interesting to know if he is basing his prediction on specific information. We wouldn't have any problem whatsoever if he used "IMHO", rather than "My Prediction ...". I have just got back from a very successful meeting with the FXIG team and even with nearly all the facts at my fingertips, I still find it hard to believe their performance. If you come across an opportunity paying a consistant 20% from active trading and DON'T put it initially in the "Too good to be true" category, then you really do need to tweek your BS radar.
There were a number of issues addressed in our meeting that provided considerable comfort and re-assurance for FXIG's ability to perform well into the future and these will be addressed in a report to be posted to our news page early next month.
Bizarrely enough, we may have another opportunity coming up in the next few months which may be even better. Scary, isn't it?
Kind regards,
Matthew Calder,
for FeederFund SA
Received it about a week ago, sorry for not informing here
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"The superior man understands what is right; the inferior man understands what will sell." - Confucius