Welcome to the SNP Investments review.
SNP Investments claims to provide “sophisticated managed accounts which are second to none”.
Their managed accounts come in 3 different types. These include Delta 846/V Fund, Omicron 349/A Multi Strategy Fund and Tailor-made Money Portfolio.
The company claims to use multiple trading strategies which also include trading algorithms to analyze current events, technical analysis and statistical data processing methods.
In addition to this, SNP Investments claims to trade trends, reversals and ranging markets.
While SNPInvestments.com (Stanley N. Phillips) is presenting their service as a professional wealth management product, the company does not disclose ownership details, trading background or place of operation.
Having analyzed SNP Investments website very carefully, we’re confident that we have the exact details that a potential investor may be looking for before money can change hands.
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SNP Investments review
Official website does not disclose ownership details other than using the names Stanley N. Phillips on the logo.
The company is providing 2 different physical addresses; one for the supposed headquarter of the company and the other for their “customer service and development office”.
The second address suggests that SNP Investments has a presence in London.
Marketing material on the official website lists a couple of reasons as to why they believe managed accounts are beneficial.
These reasons are quite generic. It almost looks like they wanted to fill up the page with content so as not to look awkward.
SNP Investments was allegedly formed in 2014.
This is not likely the case because the website’s Alexa ranking shows that the site is barely a month old (as of the date of publishing this review).
In addition to this, ownership is hidden and instead the site is concentrating on the service they claim to offer.
This is certainly fishy and will influence the rating of this SNP Investments review at the end of the day.
SNP Investments review: the product
As we’ve stated before, this website offers 3 different types of funds.
Their strategy is quite convoluted though as their explanation is a mixture of generic content with the usual mumbo jumbo.
Take a look at the quote below:
These systems are formed by analyzing historical and current market data using technical analysis and statistical data processing methods.
The company specializes in portfolio Management creating trading systems with strategy and risk management based on the principles of algorithmic trading. Computer generated signals are formed automatically based on mathematical algorithms which are derived by processing historical and current market data by using technical analysis, statistical data processing methods and fundamental information.
The sentence above does not convey any meaningful insights into how trading is done.
For that reason, we drilled down to the details of the individual funds to find out how trading is done and what type of risk management methodology they’re using.
Delta 846/V Fund
Highly liquid currency pairs are picked for trading. Built-in algorithms are used to analyze economic data. This is in addition to using quantitative analysis.
SNPInvestments believes this can produce returns for their clients while minimizing risks.
Omicron 349/A Multi Strategy Fund
A trend following strategy is used in conjunction with volatility and momentum indicators.
In addition to this, compounding is used where the company claims they’ll increase lot sizing if the trade is winning.
This is something akin to grid strategy because we don’t know why lot sizing is being increased when the trade is winning.
We’re not sure how winning trade setups are identified and lots adjusted in advance. This is not possible in reality since nobody has ever predicted winning trades with 100% accuracy.
SNPInvestments claims that returns since 2014 are 462% while returns for the previous fund is 418% since 2015.
They’ve also provided myfxbook links for both investment strategies.
From here, we’ll be able to know whether SNP investments was launched in 2014 and are trading profitably as claimed on the sales page.
Delta 846/V Fund appears to have been created in 2015 according to this myfxbook.com page.
This could mean that SNPinvestments has been around for quite some time, only that their website has never been marketed properly.
This myfxbook account is showing a gain of +871.41%. Monthly gains are 4% while draw down is at 75%.
What this means is that despite monthly gains being minimal, the trading strategy is so risky that 75% of equity is likely to be wiped out in a single trade.
In addition to this, this trading account appears to have big floating losses. This is just not worth investing in.
The second account (Omicron 349/A Multi Strategy) is showing an overall gain of +535.58% and an absolute gain of +390.34%.
Monthly return sits at 4% while draw down is 67.01%. This is still high and unacceptable. Furthermore, this account is no longer active.
There’s something fishy in these trading accounts.
It’s quite obvious that the reason they’re not trading this account is because they don’t want to continue ruining it any further but would like investors to think that it’s a live, active account with profits being made everyday.
SNP Investments reviews
There are no customer feedback regarding this trading operation.
A professional managed account provider must be very popular if they launched a successful business in 2014.
This review should serve as a platform for airing your opinions regarding this fund manager.
We’re unable to recommend SNP Investments because we don’t find such a company suitable for investing.
Having looked at the trading results, we feel that their strategy is risky and no sane investor can throw away their money to this company.
Thanks for reading this SNP Investments review. We’d like to hear from you as well. The comment section is open.