Frequently Asked Questions
Is my money liquid?
ANSWER: The Eighth Wave Pairs Strategy Hedge Fund stands out in the hedge fund industry due to its ability to provide exceptional liquidity. Unlike other hedge funds, Wave 8 Capital offers a unique advantage in terms of trading cycles.
With short trading cycles ranging from 1 to 7 days, investors can easily access their funds with just a few days notice. This flexibility allows investors to have quick and convenient access to their cash, which is a significant advantage over other funds.
Furthermore, in between trade-cycles, short term uninvested capital still earns a remarkable 4% return. While there is undoubtedly more advantage in keeping funds invested to earn compounded returns, Wave 8 Capital recognizes the importance of flexibility. Therefore, the fund does not currently require any commitment period, offering investors the freedom to withdraw their funds whenever they need them.
This combination of short trading cycles and easy access to cash positions makes Wave 8 Capital’s Hedge Fund a top choice for investors seeking liquidity without compromising on potential returns.
How do I track my investment?
Wave 8 Capital’s investor portal is a powerful tool that offers a comprehensive view of our investors’ accounts. It provides a user-friendly interface that displays all of their deposits and withdrawals for each account, along with account values after fund returns are calculated at the end of each month. Unlike conventional trading accounts, the investor portal does not display each and every trade position on a daily basis. This is because Wave 8 Capital employs a pooled investment strategy using the capital of all investors for maximum market leverage. This ensures that investors benefit from collective trading activities, increasing their chances of generating higher returns.
In addition to the investor portal, Wave 8 Capital also provides a monthly newsletter that further enhances transparency. This newsletter discloses the fund’s performance, including all gains and losses. By presenting this information in a clear and concise manner, we ensure that our investors are well-informed about the progress of their investments.
What does this cost me?
Wave 8 Capital sets itself apart from other hedge funds by offering significantly lower fees to its clients. This unique approach aims to provide a more accessible and cost-effective investment solution for individuals and institutions alike. The fund’s fee structure is divided into three categories, as described below:
ANNUAL VARIABLE EXPENSES (charged pro-rata to each account)
- Wave 8 Capital expenses – 1% to 3% of account value amortized annually, paid quarterly.
- ARB Fund Management & Compliance Services – 1/4% (25 basis points) of account value, amortized annually, paid quarterly.
- Formidium’s Investor Portal – .08% (8 basis points) of account value, amortized annually, paid monthly.
PERFORMANCE FEE
- Wave 8 Capital takes a performance fee equal to 20% of the profits generated for each quarter. This performance fee is an incentive for the fund to deliver strong returns to its investors.
(As an example, in a recent reporting period, the Eighth Wave Pairs Strategy Hedge Fund achieved an impressive return of 34.9%. After deducting the 20% performance fee, investors would realize an impressive net return of 27.92%)
With Wave 8 Capital’s focus on delivering strong returns and minimizing costs, investors can have confidence in the fund’s commitment to maximizing their investment opportunities.
What if I have questions or concerns regarding my account?
At Wave 8 Capital, we understand that as an investor, you may have questions or concerns regarding your account, and we are here to address them. Therefore, you will always have a direct line of communication with the principals of Wave 8 Capital.
To ensure immediate attention, we encourage investors to reach out via email or text, as these are our preferred methods of initial communication. However, we are also available for phone calls should you prefer that mode of communication.
We also value face-to-face interactions and recognize that certain matters may require a more detailed discussion. In such cases, we are more than willing to schedule video conferencing sessions to provide a more personalized and in-depth response to your questions or concerns.
Rest assured, at Wave 8 Capital, we strive to provide exceptional support and guidance to our investors, ensuring that their account-related queries are promptly addressed.
What is a Qualified Investor?
To be part of Wave 8 Capital’s Hedge Fund, investors must meet certain qualifications in order to ensure that they have the necessary financial capacity and stability to participate in the fund. Any one of the following qualifications will suffice.
The first qualification states that an investor must have at least $1.1 million of investable money under management, some of which can be allocated towards investing in the hedge fund.
Or, an alternative qualification stipulates that investors must have a net worth of at least $2.2 million, excluding the equity in their primary residence. This criterion takes into account an investor’s overall financial standing, considering not only their liquid assets but also their other investments and holdings.
These qualifications set forth by regulating authorities as a way of protecting investors. Furthermore, Wave 8 Capital desires that our investors possess the substantial financial resources to engage in the hedge fund’s investment strategies.
How do I get started?
It is important that you CONTACT US expressing your interest to learn more about investing. Once we receive you email, we will send you an invitation to our investors’ portal.
It is important that you first familiarize yourself with the instructions that will be included in your invitation. Preview that invitation HERE.