Suspended Funds, Gated Funds, Structured Notes & Straight Scams
Any of the above that go wrong will have serious negative consequences on the value of you fund and subsequent quality of retirement.
Many of these illiquid funds have collapsed due to liquidity problems or fraud. This scenario is a disaster and each client in any of the below funds would have lost a lot of money. I have never sold the below funds, yet I have seen these in client’s portfolios after taking over the management. Sadly, a lot of people got caught up in these scams and some pensioners had their entire life savings wiped out!
Including:
Suspended Funds and Failures
LM Investment Management
PREMIER NEW EARTH RECYCLING FAC USD SUSP
CAPRICORN FX G -10 CLASS X USD SUSP
INTL MUT MANSION STUD ACCOM USDSUSP
GLOBAL MUTUAL STR GTH FDOFFDS
Some structured notes