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Frequently Asked Questions
Have questions?
You've come to the right place. Here you will find an archive of recently asked questions.
If you have a question and you do not see the answer here, please contact us...we will answer your question promptly and we will also post it here for others to view.
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Question: |
How is Galaxy different from other Funds? |
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Answer: |
Galaxy is a fund structure comprised of multiple unique share classes. Clients may choose (for example) concentrated single manager & single strategy share classes, focusing on sectors as specific as Distressed, Short Term Trading, Fixed Income or Systematic Equity Trading...additionally, multi manager and multi strategy share classes are available.
These include Fund of Fund structures, actively managed portfolios and several unique diversified Index enhanced share classes, incorporating 100 managers in 13 strategies. |
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Question: |
How is Galaxy Capital Management different from other fund managers? |
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Answer: |
Galaxy Capital Management is comprised of industry professionals whose primary concern is the risk adjusted return on their own capital. Galaxy Fund and its' share classes are unlike other funds, in that in excess of 37% of the Fund's capital is represented by management's own investment in the fund. A small move in NAV, far exceeds any fee income derived by management. This is important, because we understand the possible material impact of fees on performance and "We monitor costs and fees"! |
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Question: |
How is leveraged employed? |
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Answer: |
Galaxy uses NON RECOURSE leverage, at the share class level. In other words,there is no cross collateralization or borrowing risk between the various share classes. One is investing in a Fund and there are no margin calls ever. Additionaly,clients may through our correspondent banks, receive additional NON RECOURSE leverage, depending on the share class or strategy employed.We will be happy to arrange a meeting with one of top tier counterparties as appropriate, for the client that is interested in optimizing performance given a clearly defined and acceptable risk tolerance. |
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Question: |
How does one invest and are there any lockups? |
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Answer: |
Clients can invest by simply requesting a PPM and Offering Memorandum from the administrator or by opening an account at one of our correspondent banks.
NAV reports will be provided on a monthly basis.
Performance reports are normally completed by the 4th week following the completion of the existing month or in the case of an Index share class, bi-weekly.
While we view all share classes as long term investments, (and feel strongly that one should only invest in any share class if they consider their investment as apart of a diversified and long term portfolio having at least a 12-18 month time horizon) there are no "lockup" periods.
Liquidity ranges from as frequently as monthly (Index classes) to annually for special situation share classes. |
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