Portfolio Builder By Private Scandinavian Sparkasse (PSS)

spraysprak_02

Active Trader
Apr 23, 2010
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Is it possible for the manager handling the account not to earn any profit? What happens now if the manager i chose wasn't able to maximize my earnings?
 

microgenius

Active Trader
Apr 22, 2010
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In Private Scandinavian Sparkasse, we do not limit our clients in their trading style. In that way,we believe that our clients would be able to maximize their trading capabilities and experience and in return maximize their return.

So that means that I could have the liberty of having applying my own trading style? What if I would want to use my own expert advisor?
 

oxygen.60

Active Trader
Apr 21, 2010
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spraysprak_02, in PSS PB, investors are given the freedom to divide his or her investment into several accounts and let their chosen manager handle it. They would be given the power to choose which account/s would be placed in a manager. The manager would work on the trading accounts of the investor and after the duration of their contract, the said gains would be distributed to each account accordingly while enlarging the manager's account due to all the profits and fees he gained during the transactions. For a better understanding and a more simple presentation you may visit Private Scandinavian Sparkasse's website.

Do you provide statistics of fund managers, 1 year at least? I believe other fund management program are transparent on their managers' records, although it doesn't constitute future performance. What then is your edge among the brokers in the market?
 
Jan 4, 2011
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The Private Scandinavian Sperkasse Solutions

Just like other fund management, there is also a possibility that the manager cannot earn any profit during his/her trade. If your chosen manager won't be able to give you profit your account will remain to be the same. However, in order to avoid stagnant accounts, monthly performance of the managers are being reviewed.
 
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oxygen.60

Active Trader
Apr 21, 2010
34
0
37
Just like other fund management, there is also a possibility that the manager cannot earn any profit during his/her trade. If your chosen manager won't be able to give you profit your account will remain to be the same. However, in order to avoid stagnant accounts, monthly performance of the managers are being reviewed.

Ahh. Thats what I needed to hear. Thank you for the enlightenment. Could we, as investors, also review our manager's statistics?
 
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spraysprak_02

Active Trader
Apr 23, 2010
86
1
37
Just like other fund management, there is also a possibility that the manager cannot earn any profit during his/her trade. If your chosen manager won't be able to give you profit your account will remain to be the same. However, in order to avoid stagnant accounts, monthly performance of the managers are being reviewed.

And if ever you will find out that the manager that I choose isn't performing that much, what actions will you do?
 
Jan 4, 2011
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And if ever you will find out that the manager that I choose isn't performing that much, what actions will you do?

During this case, we actually have a certain procedure that we follow. Such case is considered to be an offense to the agreement between Private Scandinavian Sparkasse and of the Fund managers. Number and degree of offenses have a corresponding sanction/s. This is thoroughly explained with the Broker-Manager agreement.
 

spraysprak_02

Active Trader
Apr 23, 2010
86
1
37
During this case, we actually have a certain procedure that we follow. Such case is considered to be an offense to the agreement between Private Scandinavian Sparkasse and of the Fund managers. Number and degree of offenses have a corresponding sanction/s. This is thoroughly explained with the Broker-Manager agreement.

I see, if worse comes to worst what would be the sanction that you will give to the said fund manager?
 
Jan 4, 2011
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I see, if worse comes to worst what would be the sanction that you will give to the said fund manager?

The worst sanction that Private Scandinavian Sparkasse can give is the termination of the fund manager since from the very start the said fund manager agreed to diligently trade the investment of the investors
 

chart.gamer

Active Trader
Apr 23, 2010
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The worst sanction that Private Scandinavian Sparkasse can give is the termination of the fund manager since from the very start the said fund manager agreed to diligently trade the investment of the investors

Isn't too much to terminate the manager? I mean what if the market isn't really that good as compared to their trading style?
 
Jan 4, 2011
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As stated in the agreement form between Private Scandinavian Sparkasse and the fund manager, diligent trade of investment includes making the investment grow. Making the investment stagnant negates such definition.
 

oxygen.60

Active Trader
Apr 21, 2010
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Isn't too much to terminate the manager? I mean what if the market isn't really that good as compared to their trading style?

I honestly dont think that just because your trading style doesnt suit with your trading style you wouldn't earn something. I mean a good trader must ALWAYS have a contingency fund.
 
Jan 4, 2011
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I honestly dont think that just because your trading style doesnt suit with your trading style you wouldn't earn something. I mean a good trader must ALWAYS have a contingency fund.

We agree with oxygen.60 on that matter, a real good manager would be wise enough to make an adjustment on their trades whenever the market is against them.