Thursday, January 1, 2009

Started Fund C on 1-Jan-09 with initial capital of US$20,000

Fund C started on 1-Jan-09 with initial capital of US$20,000.
Targeted fund to close within 12 months or upon achieving 100% profit whichever occur first.

Fund A Status 31-Dec-08

No trade for the past few weeks.
Dec month typically is window dressing month, good time to make some profit. However, this year 2008 is not a typical year and not sure how the market will behave. So decided not to trade since we are ahead of plan.
Fund net value $95,092 (all in cash), a profit of 90.2% in 4-month.