Established in October 2000, the MAC Account programs focuses solely on spot trading in the Foreign Exchange (Forex) market. Only the most liquid G7 currencies are traded - including the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
Depending on a managed Forex program's trading strategy and leverage use, studies of published professionally managed Forex programs show uncorrelated returns compared to most other asset classes, including the major equity indices. Such uncorrelated returns mean a partial allocation to managed currencies can reduce a portfolio's total return volatility and provide for better total return consistency over time.
Benefits of MAC/ MAC Aggressive Accounts:
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Asset diversification and the possible risk reduction associated with adding low to slightly negative correlation to the equity investments in your portfolio
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A good alternative to low-yielding bonds and deposits
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Professional account management from a well-capitalized firm
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Profit potential in both rising and falling markets
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24-hour account access
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Liquidity of assets - redemptions may take place on a monthly basis, with no fee or penalty
MAC Aggressive Account
Based on the success of MAC, MAC Aggressive launched in June, 2003 as a higher risk/higher reward alternative for investors seeking capital appreciation. MAC Aggressive appropriates higher leverage (typically between 1:1 and 10:1) and advanced short-term trading practices to capitalize on both market volatility and fundamental-based trends.
Minimum Deposit: $50,000
Deposits: At anytime. Deposits received prior to the first of the month will be invested at a money market rate of interest until the first business day of the next calendar month, at which time they are invested in the selected MAC program. GAIN accepts both US dollar and non-US dollar deposits in Euros, Yen and Hong Kong Dollars (see Acct. Funding & Forms for details)
Withdrawals: Monthly. Written notice three (3) Business Days before the last trading day of the month is required for any account withdrawals.
Fee Structure: An annualized 2% management fee is assessed monthly. A performance fee equal to 20% of Trading Profits (Realized + Unrealized P/L) is also assessed on a monthly basis. However, no performance fees will be payable to Capital until the Customer's Account achieves a new high water mark.
Disclosure: Past performance is not necessarily indicative of future results and individual returns may vary amongst participants. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. All performance figures assume the reinvestment of realized gains and capital gains. There is considerable exposure to risk in any foreign exchange transaction, including, but no limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. This is not a solicitation to invest. Please consult your investment advisor and read all risk warnings before committing funds. (*) MAC / MAC Aggressive returns do not include fees.
