Performance Guarantee

At TheMarketMessenger.com, we stand by the quality of our services. We want you to be assured that we are doing our foremost to bring you the best trading ideas possible. In line with this goal, we now provide a money back guarantee, on quarterly and annual Swing Traders packages, if clearly defined performance criteria are not met.

If our model trading portfolio does not make a profit or beat the market (a feat accomplished by less than 1 in 10 mutual funds) over any given quarter, you will be eligible for a refund of your membership fees for that quarter.

Please read the following details. which are part of the "Performance Guarantee"...

Eligible Packages

The performance guarantee is presently available in conjunction with following membership packages:

i) Swing Traders package (Quarterly subscription) -

Eligible for a complete refund for any quarter during which the performance measurement criteria, as defined below, has not been met. As pertains to your particular subscription and performance guarantee, the present quarter begins on the day that your subscription is opened/renewed. 

ii) Swing Traders package (Annual subscription) -

Eligible for a pro-rated refund for any quarter during which the performance measurement criteria, as defined below, has not been met. As pertains to your particular subscription and performance guarantee, the first quarter begins on the day your subscription is opened and each subsequent quarter begins on the day after the preceding quarter has completed.  

Performance Measurement Criteria

The performance of our Model Trading Portfolio will be used as the yardstick for this guarantee.

In order to meet the measurement criteria set forth as a part of this guarantee, the model portfolio has to provide a rate of return that meets or beats one or both of the following:

1) Profitable Quarter -

A positive return over the preceding quarter during which you have been a subscriber to one of the eligible packages. 

In other words, if the model portfolio has not gained in value over each three-month period of subscription, you may be eligible to receive an immediate refund of your fees for that given quarter.

2) Beat the Market -

A rate of return in the model portfolio that is greater than the rate of return on the S&P-500 over the preceding quarter during which you have been a subscriber to one of the eligible packages. 

In other words, if we can't outperform the market, we probably don't deserve your money and you may be eligible to receive an immediate refund of your fees for that given quarter.

As mentioned earlier, the Model Portfolio has to satisfy at least one of the criteria mentioned above, or else you will be eligible to receive an immediate refund of your fees for the quarter.

Let's take a look at a couple of examples, just to be clear.

Examples:

a) Actual Return:  You subscribed to a Quarterly Swing Traders package on 3/20/08; the Model Portfolio was worth $137,068 on that day, and the S&P-500 (SPX) was trading at 1329.51. Three months later, the corresponding values are $159,037 and 1317.93, respectively.  

In other words, the model portfolio gained $21,969, over the preceding three months. Accordingly, by virtue of having had a positive return over the period, the Model Portfolio has passed the first criteria.

For the record, since the model portfolio gained 16% as opposed to SPX, which lost 0.8%, the second criteria was also passed. 

Result:  Since both criteria were passed (we only needed one), we get to keep your fees (lucky we!)

b) Hypothetical Case B:  You subscribed to a Quarterly Swing Traders package on 3/20/08; the Model Portfolio was worth $137,068 on that day, and the S&P-500 (SPX) was trading at 1329.51. Three months later, the corresponding values are $136,537 and 1317.93, respectively.  

In other words, in this hypothetical case, the model portfolio lost $531, over the preceding three months. Accordingly, by virtue of not having had a positive return over the period, the Model Portfolio has failed the first criteria.

A quick calculation shows that, in this hypothetical case, the model portfolio lost 0.4% as opposed to SPX, which lost 0.8%. The second criteria was passed (since the portfolio did outperform the market, even though it provided a negative return). 

Result:  Since the portfolio beat the market, there would have been no refund, in this hypothetical case.

c) Hypothetical Case C:  You subscribed to a Quarterly Swing Traders package on 3/20/08; the Model Portfolio was worth $137,068 on that day, and the S&P-500 (SPX) was trading at 1329.51. Three months later, the corresponding values are $135,737 and 1317.93, respectively.  

In other words, in this hypothetical case, the model portfolio lost $1331 over the preceding three months. Accordingly, by virtue of not having had a positive return over the period, the Model Portfolio has failed the first criteria.

A quick calculation shows that, in this hypothetical case, the model portfolio lost 1.0% as opposed to SPX, which lost 0.8%. The portfolio failed the second criteria, as well. 

Result:  The fact that, none of the criteria was achieved, in this hypothetical case, would have meant that you would have been eligible for a refund.

If you have any questions or would like any clarifications, please do not hesitate to contact us. 

Ready to join?  Start your membership to TheMarketMessenger.com now!