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 Kijani Commodity Fund - Mauritius, Better than other foreign funds?

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TScybermaster98
post Feb 4 2014, 09:47 PM, updated 12y ago

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I was recently informed about this fund. Not sure how good it is in 2-3 year term. So would appreciate some insight from you all.

Here's what ive found out:

The Fund’s objective is to manage a unique blend of physical and insured commodities trading, utilising a proprietary system that exploits arbitrage opportunities in short term commodity contracts. This strategy capitalises on the global demand for certain commodities and at the same time the methodology minimises risk and volatility. The primary focus of the Fund is currently precious metals.

Unlike “long only” Funds, Kijani’s unique approach ensures that profits are made over relatively short trading cycles. It is not necessary for the price of a particular commodity to rise in order for the Fund to make a profit. The Fund is not correlated to Commodity prices, Equities or Bonds.

This fund is based at Mauritius but fund investors come from US, Europe, UK & South Africa.

The Fund operates within a Protected Cell of the Four Elements PCC, an Open Ended Collective Investment Scheme Established in 2008 and regulated by the Mauritius Financial Services Commission. The Protected Cell Company (“PCC”) was introduced in Mauritius in 2000 and is governed by the Protected Cell Companies Act 1999 (the “Act”).

The concept of a PCC is that a company, while it remains a single legal entity, may create segregated cells (each, a “Cell”) such that the assets and liabilities of each Cell are legally separate from the assets and liabilities of any other Cell. The segregated cell concept is well established in the financial world and also exists in various other jurisdictions (the Cayman Islands & the Channel Islands) and is also referred to as a segregated portfolio company. The concept has been more widely used in the last five to ten years and has become increasingly well understood and recognised in the financial industry.

Fund Manager
RDL Management Ltd which is part of the Stonewood Group which manages assets worth US$ 15 billion in Mauritius, South Africa & Switzerland.

Fund Investment Advisor
The fund’s Investment Adviser is Lancelot Investments SARL, a privately-owned Swiss Boutique Investment Manager.

Fund Auditor
Ernst & Young

Fund Prospects
The fund begun in Jan 2011 and is targeting an annual return of 20% when mature. In the past 12 months ending Jan 2014, the fund generated a 16.80% profit.


Kijani Homepage:
http://www.kijanifund.com/index.html
http://www.rlaa.co.uk/kijani/

Bloomberg:
http://www.bloomberg.com/quote/FKIJCOM:MP





TScybermaster98
post Feb 4 2014, 09:58 PM

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QUOTE(ShinG3e @ Feb 4 2014, 09:54 PM)
sounds fishy to me when i see the keyword:

"Swiss"
"Mauritius"
"20%"
"Mauritius Financial Services Commission"

and also lack of information on the website unlike a proper investment house.
No la. Tis aint one of those scams. Whats wrong with a 20% potential return? Other commodity based funds can potentially get you up to 50% return but u can also lose 100%. Thats the risk.

Just google Kijani Commodity Fund and ull see all the articles. Even Bloomberg tracks this fund among others.
TScybermaster98
post Feb 4 2014, 10:20 PM

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QUOTE(wongmunkeong @ Feb 4 2014, 10:17 PM)
It may be kosher but with a backload of 4% or redemption of 4% charges.. siau man (on top of 2% annual mgt fees)

In addition, not even 1 yr old (the fund's "life")? sorry, IMHO, akin to uninformed speculation.
Just personal POV & thoughts  notworthy.gif
Then what kind of fund is better? ANything in particular?
TScybermaster98
post Feb 4 2014, 10:39 PM

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QUOTE(cherroy @ Feb 4 2014, 10:27 PM)
One question, how you came across it in the first place?

As no fund is allowed for fund raising locally without SC approval in the first place, aka you shouldn't come across any overseas fund (even the legitimate or famous in the financial world) that advertise locally and engage activities locally without SC approval.
Nope wasnt advertised locally. A forumer here told me about it and i did some research.
TScybermaster98
post Feb 4 2014, 11:06 PM

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QUOTE(Showtime747 @ Feb 4 2014, 10:56 PM)
Saw you looking actively at investments with promised high returns recently (the other one you asked is CAG). Just a word of caution. There is no short cuts in investment. High risk high return. Low risk low return. When you are greedy, that is when you are willing to take a lot more risk including potential scams

I'm just KPC..... tongue.gif
Of course i know that. I aint some noob investor. IM asking questions. Doesnt mean im gonna dump all my money tomorrow. I'll surely do my research. But right now i need more info.
TScybermaster98
post Feb 4 2014, 11:41 PM

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QUOTE(Showtime747 @ Feb 4 2014, 11:39 PM)
Ok ok apologies if you are offended. By the previous posts and thread you started, you sound desperate. Sorry for being KPC tongue.gif

My take on Kijani - invest if you have big risk appetite. No risk no gain
Nop. Aint offended.
TScybermaster98
post Feb 5 2014, 09:58 AM

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QUOTE(icemanfx @ Feb 5 2014, 09:52 AM)
Why based in Mauritius, not Singapore, Hong Kong or London? Lax supervision and regulation?
Its a Mauritius fund so obviously based there right?
TScybermaster98
post Feb 5 2014, 02:02 PM

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QUOTE(Pink Spider @ Feb 5 2014, 01:37 PM)
Securities Commission approved? Else, better stay away. Just my 1 sen.
Which SC approval do you need?
TScybermaster98
post Feb 6 2014, 10:50 AM

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Any further info on the viability of this fund?

 

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