Our Funds

Private Funds

The Mark Read team operate a number of privately traded wagering funds with limited partnerships.

Objective

The objective of our private wagering funds is to generate absolute returns for clients by betting on Hong Kong horse racing.

Our target return is high given the short timeframe of trade (each trading period is approx 2.5 months).

Private funds are managed aggressively or conservatively at the discretion of the client.

Where is the fund money staked?

All betting is transacted through a dedicated totalisator account with full reporting access. This provides full transparency for clients. Totalisator account betting transactions can be viewed upon request.

Reporting

Clients can follow the action in real-time via the net. View stakes placed with instant ‘live’ access to your private fund, allowing you to cheer home the trade – first past the post.

Trade summaries and betting statements are also distributed after each race meeting.

Minimum buy-in

The minimum buy-in is AU$500,000 (HK$3m) or currency equivalent. (see ‘Multi-Player Funds’ page for minimum fund entry).

Minimum duration

Members may play the minimum trading period of 2.5 months (or 22 race meetings).

Suggested time horizon

One or more racing seasons to maximise full potential.

Income distribution

At the completion of each trading period, client balances (buy-in balance plus net profits) are settled to client accounts in full. At that time the client may wish to be paid all or part of their account balance.

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