Our Fund promises real performance. Our ultimate aim is to achieve an annual compound return in excess of 40%.

Benchmarks

Both the S&P500 and the FTSE100 indices had annual compound returns of less than 4% in 2007. The expected return of the ECM Global Macro Fund is expected to reach 10 times this figure and exceed 40%.

Figure 1: S&P500 & FTSE100 results versus ECM Investment average gross returns 2007

Industry Average

The Hedge Fund Aggregate Average was estimated to be 10.6% in 2007 and the Macro Average 11.5%.*

Figure 2: Hedge Fund Aggregate and Macro Averages versus ECM Investment average returns 2007

Return on Investment

Excessive benchmarking against various indices can be misleading and present an otherwise lacklustre fund in a positive light. A fund should be assessed on its own merit and ability to generate positive return for investors. This is independent of the condition of the financial markets. The main indicator should always be your return on investment.

Figure 3: the expected 12-month return on £100,000 invested in the ECM Global Macro Fund.