Today, i am gonna Choose a hedge funds provided by Pictet Bank in Switzerland. When i read about this fund in one of a forex forums, i was exciting because it was a highly recommended fund. But when i downloaded the funds details and performance record, i only realized how good our public mutual funds are.
Check it out :
Mosaic Fund
For those who are lazy or no idea how to read the document. Let me summarize for you : This funds gave only 7.50% of return since the inception date (in 1994).
The best performing year of this funds in the recent year was 2007 with only 17.4%. Remember some of the public mutual funds gave more than 50% of return in 2007!
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