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Proposal
ELIOTWAVE
FINANCIAL SERVICE
LTD
MANAGED ACCOUNTS
PROPOSAL
SUBMITTED
TO
KAKAWA DISCOUNT HOUSE
..
Prepared By:
BADE-AJIDAHUN, OLUDAHUN
HEAD TRADER
ELIOTWAVE
Introduction
EliotWave Financial Service Limited is an emerging leader in todays Forex
market. The forex market is the largest and most liquid financial market in the world,
and it includes trading between large banks, central banks, currency speculators,
corporations, government and other institutions.
The average daily volume in the global foreign exchange and related markets
increases daily. Traditional daily turnover was reported to be over USD $4.1
trillion in 2011 by the Bank for International Settlements. Since then, the
market has continued to grow. According to Euromoney's annual Forex Poll, volumes
grew a further 41% between 2007 and 2008. In general, the purpose of the Forex
market is to facilitate trade and investment
In EliotWave Financial Service Limited, our main aim is to
create value in terms of continuous and steady return on investment for our
stakeholders; clients and traders on our platform.
Our Vision
To be the SAFEST, MOST RELIABLE and MOST EFFICIENT interface
to sustainable wealth, through strategic investment.
Our Mission
Eliotwave financial service ltd is a Nigerian Private Company set up
by a group of individuals to take advantage of the opportunities
that exists in the currencies market to the benefit of investors in Nigeria
and beyond.
Objective
To maximize capital growth while managing risks.
Our Values
Customer Satisfaction
Integrity
Focus
Innovation
Security
Asset Base
Currently, Eliotwave financial services has a capital base of over
$300,000 (three hundred thousands dollars) and our client base ranges
from individual clients to corporate institutions.
Attached to this proposal are some of our trading statements to show you
our track records.
Products
Eliotwave Fin Serve Managed Funds (EWMF)
This is an easy interest plan with a ROI (Return on Investment) of 2-3% monthly on
Invested principal capital.
The features include:
Minimum of $100,000 dollars principal as capital
investments.
Minimum time duration of three Months.
Return on Investment is withdrawn quarterly and deposited directly into the
clients/investors account.
Principal capital investment can only be withdrawn by the customer/investor
at the end of the specified time duration as in the initial contract agreement.
Profitability
This plan attracts a cumulative interest of 9%-18% ROI (Return on Investment) on
invested principal capital after 3months.
0r 36%-72% yearly.
Starting
Capital
Quarters
1st quarter
2nd Quarter
3rd Quarter
4th Quarter
$100000
ROI
$9000
$9810
$10692
$11655.26
Equity
$109000
$118810
$129503
$141158
Management Fee
Eliotwave financial services will be charging 33% performance fee on the returns
made at the end of the trading interval.
Drawdown(risk)
Drawdown for the year is expected to be kept within the range of 18-25% of the
invested capital.
Every quarter we seek to keep drawdown well below 10% and the maximum tolerable
drawdown usually is not more than 25% of the capital.
Managed Accounts
At Eliotwave Financial Services, a managed account is a FOREX account opened in the
name of the Investor, but as stated in the account opening form with the broker, the account
will not be traded by the investor but by the manager (ELIOTWAVE FINANCIAL
SERVICES). This gives the manager certain rights to the account. The investor will have full
access to the account to see the returns made on account whenever he/she wishes.
The manager (ELIOTWAVE FINANCIAL SERVICES) has no access whatsoever to the
funds in the account, except for trading purposes. In the case of withdrawal, the funds are
returned to investors account, who in turn pays ELIOTWAVE FINANCIAL SERVICES (The
Manager) the fees earlier agreed upon.This service is designed to appeal to clients that are
looking for long term capital growth with
a limited downside risk. Utilizing the latest currency trading technologies, Eliotwave
Financial Services Limited is able to offer Forex Fund Management services that are flexible
and cost effective. Our Managed Forex program was created with an emphasis on risk
management, using appropriate stop loss and strict money management policies.
EliotWave managed Account provides the opportunity for individuals and institutional
investors to participate in the spot currency markets by having a professional manager who
makes the trading decisions, and executes the trading program. The main benefits of this
type of account are the ability to efficiently take advantage of rising or falling markets and
the ability to diversify a portfolio.
Our professional Forex account managers have the flexibility to combine a systematic
technical approach with the discretionary aspects of fundamental analysis.
Key Features:
Head Trader.
Bade-Ajidahun, Oludahun.