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I've been interested in this subject myself. I came across this site
http://www.smartimer.com/ which offers money management using the Rydex
funds and a program called Smartimer. The fees seem high at 3%/year for all
the money under management (plus Rydex fees?).
I'd also be interested in any other site pointers that others may have for
further research.
JW
abprosys@xxxxxxx <mailto:abprosys@xxxxxxx>
> -----Original Message-----
> From: owner-realtraders@xxxxxxxxxxxxxx
> [mailto:owner-realtraders@xxxxxxxxxxxxxx]On Behalf Of charles meyer
> Sent: Friday, June 26, 1998 1:26 PM
> To: RealTraders Discussion Group
> Subject: GEN: MONEY MANAGERS?
>
>
> It is not uncommon for even very savy traders to diversify and let other
> money managers handle a portion of their portfolios. My position on this
> is that unless a money manager can deliver both consistent and superior
> returns--clients are working for the money manager and not the other way
> around. Stated another way, it's a better deal for them than it
> is for the
> clients--and at no risk. I came to this conclusion after a slightly
> negative
> experience with a couple of managers. (Lost very little--didn't make
> money)
> I would be grateful if anyone could share with me who they use? Has any-
> one found a good manager through the use of "Nelson's"? We all know
> the vast majority of track records are mediocre so the search is
> difficult--
> along with insuring they stay on target. Thanks for the favor of and
> replies
> and feedback.
>
> Charles.
>
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