OGFund: We Aim At High Transparency

Interview by Tony Clifton

Here is an interview with OG Fund, a high yield investment program offering daily ROI.

I am David Sansom, CEO and senior trader of OG Fund. I will be answering the questions in the interview below.

I could not figure out what are you trading. Could you let me know?

Our trading revolves around shares of companies with high volatility rate, which lets us apply both long and short selling methods. Fund operations and trading is done in worldwide markets, including the stock exchanges in United Kingdom, Brazil, Japan, Germany and Australia.

Is there a way to provide a trading proof?

There is full trading history available on our website. We are also always happy to provide specific material (if available), on our trading upon request.



How many people are there behind the program, how many of them are traders and what is their experience?

Currently, there are six people onboard, excluding myself. I am the senior trader and dealer of "OG Performance" (the only fund offered by OG Fund). Four more individuals trade in shifts and in the markets that are the most appropriate for them (regarding the Time Zone differences). The rest are responsible for keeping the website "in shape", handling customer support and many other things. We use outside companies or employ individuals on a part-time basis for brokerage, legislative issues and so forth.

Your results are always positive. You never had a losing day?

The term day is misleading in this case. Since every stock market has a different time of closure, there is little time to take into account and calculate the complete yield for a larger period of time.

Evidently, we had some unsuccessful days but we only present our investors with the profits from a period of time in the effective day that was positive. Losses are then regained with the broad use of methods listed in our Investment Philosophy section.

What is your trading history - since how long is your company trading?

"OG Performance" Fund was launched back in December, 2006 and every single detail about our history can be found on the website. In short, the fund is classified as a collective investment scheme, employs reduced fees and an always positive Hurdle rate.

What is the result in the best month so far and what is the result in the worst?

Since the launch of "OG Performance" fund in December, 2006 the best result was achieved in May (36.20%), while the lowest yield was in September (21.10%), respectively. If we would take only performances achieved since the launch of OG Fund online platform and the implementation of online trading showcase, the daily profit yield peaked at 2.07% at the 10th of March.

Are you registered and licensed to offer investment services? Can you prove it?

We are only partially registered to maintain investments on others behalf (hence the use of online payment currencies), therefore our fund classification stands as "Collective Investment Scheme".

What's your view on the HYI industry? How are you different by all scams out there?

Unfortunately, I can't really elaborate on this question. HYI industry is there, because there is a need for high yield investments, that's about how much I can deduct from being an observer for about a month now.

OG Fund offers full trading history (each transaction is included) and aims at high transparency. There are numerous customer support options for our current and prospective members. Finally, we offer an always positive daily yield. Is that different enough? I let everyone judge us personally.

What are your backup plans if you experience a big trading loss? Will the investors lose their money?

We do everything that is in our power to prevent such happenings from taking place. However, in an unlikely event of a continuous struggle to generate positive daily yields and comply with the Hurdle rate offered to our investors, we may be forced to employ a series of 0% daily payments or even alter our investment offer. There's no other way around it.

Published at Mar, 18 '08 ; read 540 times;

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User comments:

Money-news expert at Mar, 19 '08 05:03
Anotgher interview with the admin of OG Fund you can find on my blog here. http://money-news-online.com/blog/2008/03/06/06030...
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