Archimedes Fund 1 is one of Pelican Asset Managements recommended fund. Trading Strategy is based in Technical Analysis, looking for trend momentum to intra-day and short-term time frame. The Goal of the Archimedes Fund 1 is to achieve a return 30% including costs per annum. Trading Methodology it deploys is a strict risk management policy, risking a maximum of 1% (but often less) of account size per trade. Leverage : Short-term positions may have more aggressive leverage (up to 15x the value of the account), long-term positions will keep a very conservative leverage level (up to a maximum of 10 times).
The asset management team focus on the Major Forex pairs, Commodities, Global Stock Indices and ETFs..
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investors lose money when trading CFDs. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Archimedes Fund 1 is a strategy provider to London and Eastern LLP. Pelican AM is a trading name of London & Eastern LLP, whose office address is: c/o Pelican Exchange Ltd, London, SE1 8ND. Company number OC345870. Authorised and regulated by the Financial Conduct Authority (FCA) FRN: 534484 The investment services and products described are directed to “Professional” and “retail” clients only, as defined by the FCA. If you are in any doubt as to your client classification you should seek independent advice. The information provided should not be considered a recommendation or solicitation to purchase.