Concentration of active Traders
Together instead of alone: This is the motto that joined together some years ago a handful of traders on the exchange of knowledge, experience and usable trading signals and they founded the Private Trader Club. The aim of this association is the business and personal development of all club members to benefit from trading signals jointly by the exchange of knowledge. This modern club became a major stock exchange platform in the German speaking area.
Trading success - depending on time and knowledge
"Time" is one of the most important factors to be and above all to remain successful with your own trading, - whether you get studied by using this resource knowledge, test new systems or you are actively involved. However only a few would-be traders have this very crucial factor in today's effectiveness of life concentrated times. For this reason, more and more interested persons came, who wanted to make more from their money, to the experienced members of the Private Trader Club and wanted to invest their money to multiply it
But that was not possible for legal reasons, which disappointed both the interested persons and on the other hand the Private Trader Club for the possible loss of a valuable and potential member.
Automated trading systems
In 2007 finally a solution was found with the long-term partner daytradeaustria.com. For the first time it was possible to use even small capital stakes to invest in Futures and CFD-base with automated trading systems. That was interesting, because automated trading systems could be used for many years only by large investors with large accounts accordingly. But this solution turned out to be not ideal, because not all investors want to trade really active.
The solution
In 2010, finally a solution was found: the foundation of our Managed Futures Funds, based on automated trading systems. This ingenious solution has created many advantages. Besides the great legal and structural safety, it is possible within the Fund to make many different systems run simultaneously - and the investor can profit with small amounts of money on solutions that actually require large capital commitments.
The best partners
To set up a fund, the project initiators found very important to trust experts with years of success and know-how. For this reason daytradeaustria.com is responsible for the programming and the ongoing development of trading systems. The CAIAC Fund Management AG, a renowned fund administrator could also be won as a partner. Crucial to the success of the performance of securities are the costs - to keep them low, "Kyte Group", "vPE Bank", "RCG" and "WHS" were selected as brokers and the "Banque Pasche SA in Zurich as Custodian Bank.
Fenja - more than a name
Once the legal structure was set up with all partners, a more appealing name for this excellent idea should have been found. The initiators chose the good sounding word "Fenja". Fenja means a "gigantic girl "in the Icelandic language. The name probably derives from the Frisian "Frede" (peace). Fenja and Menja were according to the legend two Valkyries being prisoners of war of the Danish King Frodi. As long as he enjoyed their favour, they helped him and his country to achieve wealth and security. Once they were able to drive the royal mill with their superhuman strength, and all was milled to gold - and this will reach Fenja Funds in the ideal case for its investors.