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Sunday, April 09, 2006

An Udachu Overview

Well, here's a post I culled from Udachu (who I believe is Rod from memory, the admin of Udachu and not Udachu Fund.)

I just think it gives a good overview into how Udachu works. I look forward to the new fund, and this info gels with what I have said in the past, just says it in more detail, and more eloquently (i.e. less rambling!)

"Udachu Fund profits derive from a wide array of investments. Real Estate, Equities, Equity Options, Com Options, Forex, tourism etc.
A limited amount of DD is sent out for a number of reasons. First is that the investments change every day depending on market volatility. Second is that even when people sign an NDA the private information is blasted around the net. There have been many investors that have visited the office in Panama and seen all the DD they could ever want. Nothing is really hidden unless there are NDAs signed by Udachu and the traders. However, members have come and visited the real estate projects etc.

However Udachu has a new fund "Udachu Invest." about to be launched that is strictly based on the currency market. There are 4 contracted traders that only trade for Udachu. This was brought about due to many people not having the minimum funds needed to open a managed account. All of the info will be there for that. There will be a results page that shows what the returns are based on past performance , current performance and member news. Every member will also receive a free debit card when they join and all payouts will go directly to the debit card. No more waiting for E-gold and then exchanging it to your bank."

Udachu continue to impress Chancer! :)

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