Superfund Registering $133M More for Gold Funds

Photo of Jon C. Ogg
By Jon C. Ogg Published

Superfund Gold, L.P. is a Delaware limited partnership and the fund is offering two separate series of limited partnership units under a designation of Series A and Series B.  The A series is almost $66.3 million and the B series is just over $67.4 million.

The fund notes, “The primary objective of Superfund Gold, L.P. is to maintain the approximate equivalent of a dollar for dollar investment in gold while seeking appreciation of its assets over time by trading and investing in a portfolio of futures and forward contracts on stock indices, currencies, bonds, grains, energies, metals (including gold), agricultural markets and livestock. The two Series are traded and managed the same way except for the degree of leverage, and the assets and liabilities of each Series are segregated from the assets and liabilities of the other Series.”

As of November 30, 2011, the net asset value per Unit of Series A-1 was $1,740.58, the net asset value per Unit of Series A-2 was $1,888.06.  On the same date, the group noted that the net asset value per Unit of Series B-1 was $1,466.41, and the net asset value per Unit of Series B-2 was $1,533.87. The minimum initial investment in a Series is $10,000; $1,000 for existing investors in such Series.

The full filing can be accessed here.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Top Gaining Stocks

HPE Vol: 153,197,465
ENPH Vol: 8,360,053
GLW Vol: 18,152,646
APTV Vol: 6,761,325

Top Losing Stocks

TTD Vol: 21,905,513
INTU Vol: 7,383,018
CTRA Vol: 73,319,495
CBOE Vol: 5,000,011
HP
HPQ Vol: 29,259,826