I'm Bernard Whimp and I am currently assembling the Australasian hedge fund known as Chance Voight Investment Partners Limited (CVI Partners).
This hedge fund will build on almost a decade of experience as a fulltime professional investor in companies listed on the Australian Stock Exchange (ASX). Over the last 10 years I've evolved a concentrated 'situational' bargain hunting investment style where our criteria is that we don't buy anything unless we are convinced, we are getting a dollar of value for 50 cents (anything we buy has to be capable of doubling in value within 2 years).
We utilize our analytical skills, experience and contrarian instincts to unearth share market bargains that meet this criteria.
“I'm currently assembling the Australasian hedge fund known as Chance Voight Investment Partners Limited (CVI Partners)”
I'm looking to build on the knowledge and experience I've accumulated to create life changing wealth for investors by compounding investor capital at 20% per annum or better, over multiple years.
We're not ’reinventing the wheel‘ in doing this. These types of returns are typical of good Australian hedge fund operations, it's just that you've probably never heard of them, and no one's ever offered you access to one, in New Zealand.
If you invested $250,000 and were lucky enough to be able to compound this sum at 20% pa, in two years' time your investment would be up 44%. In three years' time, it would be up 73%, and by year four, it would have more than doubled in value to $518,400.
If this investment continued to compound at this rate, in 10 years' time that initial $250,000 would be worth $1,547,934. In 20 years' time, due to the miracle of compounding returns, it would be up 3734%. As a result, that $250,000 would have turned into more than $9 million dollars. By New Zealand standards you'd be very wealthy, you'd definitely be in the top 1% of the population.
“Over the last 10 years I've evolved a concentrated 'situational' bargain hunting investment style”
You might think, well, why doesn't everyone invest this way?
The answer to that is probably because hedge funds in this part of the world tend to be Australian based and there's only a limited number of them, furthermore, if they are successful, they can fill up fast and close to new investors. Also, it's usual for hedge funds to have very substantial minimum investment thresholds (it is not uncommon for the minimum investment to be no less than $1 million). That knocks out most of the population, making hedge fund investment the domain of the already wealthy and successful.
CVI Partner's goal is to make hedge fund style returns accessible to everyday investors, where the minimum investment is set so that the financially ambitious, but not yet wealthy, can have a real shot at joining that 1%.
If you would like to know more about CVI Partners have a look at the CVI Partners website at chancevoight.com
If you would like to receive Chance Voight Investment Partners Limited's free monthly newsletter please contact Investor Relations Manager, Tracy Macdonald on 03 313 1393, 9am — 5pm, Monday to Friday or email Tracy at investors@chancevoight.com