Nine months of copying Darwinex Index (INDX) left me down about 19%. That’s unacceptable to me for a product marketed around diversification and professional risk management. Some of the strongest individual DARWINs held up better over the same period, which makes me question how the index selects and weights strategies. Management fees continue through losses, and performance fees can take a share when returns recover. I understand trading risk, but after seeing those results I don’t think the index justified its cost. I could have picked individual DARWINs myself and potentially done better. Darwinex needs to explain why investors should trust its selection and risk management.
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RowanGreen
Public comments by RowanGreen