Posted on September 6, 2010 at 5:03pm
A new hedge fund is opening in Hong Kong, offering the following
yields and risk:
1. $25K Minimum Investment
a) $12K remains in a CD deposited with HSBC. This capital is not at risk.
b) $13K is utilized by the fund for first three months of operations.
2. Yield is 20% APR ($5K per year), plus $250K after one year.
Note: this offer only applies to the first $25K. Amounts after this
will obtain different yields depending on the projects they invest… Continue