Service
Here is a concise summary of our service:
- We manage client accounts for absolute return profit objectives.
- We are compensated by performance fees, not by transactions made.
- We manage individual client accounts. We do not have a pool of funds.
- Client funds are sent to an established forex brokerage, not to Rove Capital.
- You can view trades live as they take place.
Please read through advantages and fees sections. This will give you a comprehensive understanding of the service we provide and how we provide it.
Absolute Return vs. Relative Return
It might seem simple, but knowing whether a fund manager or broker is doing a good job can be a challenge for some investors. It's difficult to define what good is, because it depends on how the rest of the market has been performing. For example in a bull market, 2% is a horrible return. But in a bear market, when most investors are down 20%, just preserving your capital would be considered a triumph. In that case, 2% doesn't look so bad.
Rove Capital deals in absolute returns, where the performance of your investment is not relative to that of traditional markets. Common traditional markets referred to by most people are the stock market and real estate market, where the rise and fall of its prices are a direct reflection of how the underlying economy is performing. Absolute returns become a meaningful measure of performance when investing in alternative investments. This is because alternative investments are uncorrelated with traditional markets. In recent times of economic uncertainty, it is more important than ever to seek alternative investments to diversify your portfolio. It doesn't matter how good a person is at buying low and selling high, it is always going to be an uphill battle when the general market is down trending as a result of a weakening economy.