Search This Blog

28 Sep 2007

FXCM’s Sentiment Aggressive Forex Managed Funds Up Over 25%

After a successful launch, FXCM's Sentiment Aggressive Managed Funds are up over 25% in its first two months since inception.

Clients had requested a more aggressive and highly leveraged version of FXCM's popular Sentiment Fund, so FXCM introduced its Sentiment Aggressive Fund in July of 2007.

These funds are divided into two strategic components, the first leverages FXCM's Speculative Sentiment Index (SSI) which gauges market sentiment to identify break out and trend trading opportunities. The second strategy is an approach that uses sophisticated technical strategies to harvest tops and bottoms in range bound markets.

This type of fund has found favor amongst many investors who are starting to recognize foreign exchange as an alternative asset class in any diversified portfolio.

In September 2006, FXCM held in excess of $215 million in customer funds out of a total of over $770 million held by Forex Dealer Members. While there are approximately 31 active Forex Dealer Members with liabilities to customers of approximately $795 million, FXCM holds approximately 1 out of every 3 dollars of customer funds held by Forex Dealer Members.

The company does warn however, that leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors.

No comments: