Clients can collateralize L Funds 100% from their self-directed accounts absolutely-free. Created for our more risk-tolerant investors.
L Fund Details
Bid/Ask spread:
Funds are bought and sold between the bid and ask price and costs apply as they do when trading on the L4 Trading Platform
Management Fee:
2% annual management fee, charged on a daily basis.
Performance Fee:
35% incentive fee for net new profits charged quarterely or upon the sale of L funds. This incentive fee does not apply if the fund carries negative performance for any given month, which will aggregate to the following month until positive. Once positive a 20% incentive fee will be deducted from the profits.
Collateralized Funds:
When using collateralized funds for your self-directed trading account, the collateralized portion of your funds can not be withdrawn only the profits can.
Disclosures:
Please read all disclosures before investing only risk capital
Capital Limit:
MFN may place a cap on the fund to ensure that the fund does not become so large as to negatively effect its performance.
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