Friday, August 8, 2008
Jackson Fortress Asset Management Ltd
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Welcome to Jackson Fortress Asset Management Ltd
(Managed Forex Fund)
Floor 17 Harcourt House , 39 Gloucester Rd Wanchai Hong Kong
Ph +65 8196 4695
This site is only for members of Wayne Jackson's two groups of traders.
After a number of requests over the last year to trade on behalf of others, I finally agreed to Mark's request to establish a Managed Forex Fund.
The Jackson Fortress Asset Management Ltd (Managed Forex Fund) will be different:
1. I will be depositing USD $100,000 into the account as a starter fund for the Account. That deposit will stay in the Account for such time as the Account is operational.The Account will be traded as a totally separate account by myself (Wayne Jackson) and will be Audited by qualified Accountants each quarter.
2. On the basis of our previous success over the last three years, we are prepared to guarantee a minimum 30% return in the first year. Given our trading success, we estimate that we will exceed that figure quite comfortably.
3. The returns will be paid quarterly, with a minimum 7.5% per quarter. (30% divided by 4)
4. In any quarter where the return is higher than 7.5%, then 70% of the excess will be paid to the investor and 30% will be paid as a performance fee to Jackson Fortress Asset Management Ltd.
5. Should the fund not achieve the 7.5% in any quarter, that shortfall will be deducted from the $USD 100,000. The USD $100,000 will then be topped up from private sources.
So, basically what I am offering is a fund where the minimum return is 30% per annum ( 7.5%paid quarterly). Any excess over 7.5% per quarter will be paid out in the proportion of 70/30 to the investor/JacksonFortress. The fund will be guaranteed for $100,000 of losses in any one quarter.
Posted by Jackson Fortress Asset Managementat 10:18 AM [img]file:///C:/DOCUME%7E1/Ondrasek/LOCALS%7E1/Temp/msohtml1/01/clip_image001.gif[/img]
PURPOSE OF THE ACCOUNT
The purposes of establishing this Account are:
Firstly, to offer a Trend Trading Forex Managed Fund to anyone from the Wayne Jackson group who wishes to invest in it.
Secondly, we see it as a means of giving some talented traders the opportunity to trade under the umbrella of a Managed Fund to gain experience. That experience will hopefully give them greater career opportunities with other Fund Managers and Hedge Funds.
Thirdly, to establish a small boutique, high performance fund for members of Wayne Jacksons groups.
INVESTORS
Should you have any further enquiries, please contact me on:
jacksonfortress@gmail.com.
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TRADERS
Should you wish to be considered for trading (under strict direction by me and after a suitable qualifying period), please contact me on: :
JFAMtraders@gmail.com.
Posted by Jackson Fortress Asset Managementat 10:16 AM [img]file:///C:/DOCUME%7E1/Ondrasek/LOCALS%7E1/Temp/msohtml1/01/clip_image001.gif[/img]
FAQ's
FAQ's
1. Is there a minimum deposit. Yes $5,000
2. Is there a maximum deposit limit Yes $50,000
3. Is there a minimum time to invest? i.e. 1 yr, 5 yrs Three months (it is forex, not stocks)
4. Can we add to the initial investment? yes anytime? yes
5. Can the quarterly return have the option of being taken or reinvested? yes
6. Can the full deposit be withdrawn or part of it, at say one month notice, if the money is needed due to unforeseen circumstances? Yes, After the first three months, the funds are available on one months notice
7. Any advice regarding taxes? The Account is based here in Hong Kong where taxes are minimal. However, individual tax liability of each investor in each country of residence is a matter for your own personal attention. Please be aware that Hong Kong has a comprehensive rule of law and low tax rates.
Posted by Jackson Fortress Asset Managementat 10:14 AM [img]file:///C:/DOCUME%7E1/Ondrasek/LOCALS%7E1/Temp/msohtml1/01/clip_image001.gif[/img]
DISCLAIMERS
I apologise for all the Disclaimers etc below, but they are boiler plate to all Funds (I actually authorised the deletion of some 15 pages of the worst disclaimers).