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Komfie Manalo, Opalesque Asia:

Jack Schwager's new online platform, designed to find undiscovered worldwide trading talent (FundSeeder), has launched a new set of indexes.

FundSeeder chief research officer Jack Schwager said in a LinkedIn post that there would be two main indexes:

FundSeeder No Hindsight Top 10 Percentile Index - The chart for this index will show the daily cumulative return since inception based on daily returns being equal to the average return of all FundSeeder (FS) accounts in top 10 percentile (based on proprietary FS score) as of end of prior month. The composition of the index is changed at the end of each month with top 10 percentile accounts being used to calculate daily returns in following month. This methodology avoids any hindsight in the index. Note: only accounts with equity greater than $50,000 are included in the calculation.

FundSeeder All Accounts $50,000 Plus Index - The chart for this index will show daily cumulative return since inception based on daily returns being equal to the average return of all FundSeeder accounts with equity greater than $50,000 on each given day. Note that the average is not equity-weighted (e.g., a $50,000 account would carry same weight as a $1 million account).

Eight subindex cat......................

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