Magma Fund Advisors Ltd was formed in 2007 to set up a series of funds using a set of unique tools that predict market trends on all time scales to a remarkable accuracy. The firm was established by Rich Clifford and a few associates in the US and Switzerland. Rich, the fund manager, has worked with the predictive models for six years while developing the trading strategy and risk profile used by the Vesuvius Investment Fund and other Magma funds.
In the four months since inception, the Vesuvius Investment Fund has outpaced the S&P 500 by 43.65% (30.18% positive gain) while using only 10% of the portfolio to trade (holding 90% in cash money-market positions) and placing only four directional trades; all while risking no more than 1.6% of the fund’s principal.
