by Viktor Shewchuk

FAQ

Frequently asked questions

Here are the answers to some of the most frequently asked questions.

How can I monitor my investment?

Our broker Pepperstone will send you a daily confirmation email summarizing the previous day’s trading activity. You may also monitor the progress of your investment on your phone and PC by connecting to the trading terminal.

How are performance fees calculated?

Here at Think Huge Investments we only charge a performance fee on profits using the high-watermark method. The high-watermark is calculated from the highest Net Asset Value (NAV) after performance fees are calculated.

The NAV is calculated on the value of the account at the end of each month.

DATE 1ST OF JAN 1ST OF FEB 1ST OF MAR 1ST OF APR
Net Asset Value (NAV) $100,000 $110,000 $105,000 $117,000
Profit (loss) $10,000 -$2,000 $12,000
Performance Fee $3,000 $3,000
NAV After Performance Fee $100,000 $107,000 $105,000 $114,000
High-water Mark $100,000 $107,000 $107,000 $114,000

The above example assumes an initial investment of $100,00. If the strategy had achieved a return of 10% for the month, the clients investment would have grown to $110,000 during the month. The 30% performance fee for the first month is calculated on the $10,000 profit, therefore a $3,000 fee is automatically debited from the account. The now leaves the high-water mark at $107,000.

If in the second month, the strategy generates a net loss of $2,000, no fee is payable and the the high-water mark remains at $107,000 as this is the highest previous level when the performance fee was last applied.

In the third month, the strategy returns to profitability, generating $12,000 for the month and the balance of the account grows to $117,000. The previous high-water mark was $107,000, therefor the performance fee is only charged on the profit above this high water mark. i.e. 30% of $10,000 instead of 30% of $12,000.

The important thing to remember is “If you…. make money, we …. make money”

When can I withdraw my funds?

Small amounts can be withdrawn at any time. Larger withdrawals can of course also be withdrawn however we require approval from our risk management team to ensure your withdrawal won’t adversely affect the available margin on the MAM Account. This process can take up to 24 hours.

What happens if you go bankrupt, is my money safe?

Your funds are held in trust under your name with the executing broker AxiTrader. Think Huge Investments does not have access to your investment other than for the purpose of trading on your behalf. If the business is to becomes insolvent your investment is not effected and remains with the executing broker.

AxiTrader have issued the following statement in relation to the security of funds held at their brokerage:

All client funds are held in a segregated trust account with one of Australia’s largest banks, National Australia Bank, where client funds are separated from business funds at all times as per ASIC regulations. ASIC require regular reporting to ensure financial stability of the firm is maintained. If there is unforeseen situation where the firm was to become insolvent, ASIC would intervene during liquidation of a firm’s assets to assist in the returning of client funds. Furthermore as an additional buffer, brokers must maintain a $1 million AUD level of regulation capital to hold an Australian Financial Services License (AFSL) number.

Moreover, “under the Australian Client Money Rules, we must hold your moneys on trust.” AxiTrader’s strength is evident as one of the largest Australian owned brokers with heavy investment into infrastructure for the benefit and protection of the client. A key example of this is while many global brokerage firms suffered significant losses after the Swiss National Bank (SNB) decision to remove the EURCHF floor early in 2015, with a several becoming insolvent, AxiTrader survived through strict controls, robust infrastructure and well calculated risk management strategies and polices. Even after such a significant event, we are still growing and expanding across the major financial hubs of Sydney, London and Dubai with additional presence in several emerging markets.

“Over the past three to five years AxiTrader has reinvested a large percentage of its profits into infrastructure to better define and manage both customers’ and the firm’s risk, as well as working to excel in client execution with Axi’s counterparties.” – AxiCorp CEO Goran Drapac

What happens if you go bankrupt, is my money safe?

Your funds are held in trust under your name with the executing broker AxiTrader. Think Huge Investments does not have access to your investment other than for the purpose of trading on your behalf. If the business is to becomes insolvent your investment is not effected and remains with the executing broker.

AxiTrader have issued the following statement in relation to the security of funds held at their brokerage:

All client funds are held in a segregated trust account with one of Australia’s largest banks, National Australia Bank, where client funds are separated from business funds at all times as per ASIC regulations. ASIC require regular reporting to ensure financial stability of the firm is maintained. If there is unforeseen situation where the firm was to become insolvent, ASIC would intervene during liquidation of a firm’s assets to assist in the returning of client funds. Furthermore as an additional buffer, brokers must maintain a $1 million AUD level of regulation capital to hold an Australian Financial Services License (AFSL) number.

Moreover, “under the Australian Client Money Rules, we must hold your moneys on trust.” AxiTrader’s strength is evident as one of the largest Australian owned brokers with heavy investment into infrastructure for the benefit and protection of the client. A key example of this is while many global brokerage firms suffered significant losses after the Swiss National Bank (SNB) decision to remove the EURCHF floor early in 2015, with a several becoming insolvent, AxiTrader survived through strict controls, robust infrastructure and well calculated risk management strategies and polices. Even after such a significant event, we are still growing and expanding across the major financial hubs of Sydney, London and Dubai with additional presence in several emerging markets.

“Over the past three to five years AxiTrader has reinvested a large percentage of its profits into infrastructure to better define and manage both customers’ and the firm’s risk, as well as working to excel in client execution with Axi’s counterparties.” – AxiCorp CEO Goran Drapac

  • More Questions?

    For more specific questions, please feel free to contact us. Our friendly staff would be delighted to help.

    Simply go to our contact page and we will get back to you within one business day.

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