information for opening an account 
for my managed mutual fund program.       

 

George J. Slezak

George Slezak is a Registered Investment Advisor 
specializing in speculative investment management

Open a $50,000 managed account at Rydex Funds 
and you will receive a free subscription to 
Stock Index Timing .com / Commitments of Traders .com


Email   george@georgeslezak.com 
phone 888-311-3400 
Click here to see George Slezak's background

Click here for Timer Digest review of Stock Index Timing .com     
flash update to December 31, 2011. George Slezak is a Registered Investment Advisor specializing in speculative investment management. Following are his managed account actual results compared to the total returns of the S&P 500. 
Summary of annualized returns for the period ending 12/31/11
        Managed
account		 S&P 500
Year to date total return   28.8% 2.1%
One year annualized total return   28.8% 2.1%
Three year annualized total return   22.0% 14.1%
Five year annualized total return   18.1% -0.3%
Annualized total return since 7/1/05 inception. 12.4% 2.4%

 

  Actual managed account returns after actual fees charged, compared to the S&P 500 total returns.      
Year 2005 2006 2007 2008 2009 2010 2011

Year
  Account S&P500 Account S&P500 Account S&P500 Account S&P500 Account S&P500 Account S&P500 Account S&P500  
Jan     -5.2% 2.7% -1.9% 1.5% -6.8% -6.0% 5.2% -8.4% -11.6% -3.6% -2.3% 2.4% Jan
Feb     -2.1% 0.3% 4.8% -2.0% -4.5% -3.3% 0.2% -10.7% 3.7% 3.1%

1.5%

3.4%

 Feb
Mar     -0.2% 1.2% 5.6% 1.1% 5.2% -0.4% 2.3% 8.8% 6.8% 6.0% -1.2% 0.0% Mar
Apr     -1.8% 1.3% 4.0% 4.4% -7.4% 4.9% -1.0% 9.6% 0.1% 1.6%

-1.9%

 3.0%

 Apr
May     7.3% -2.9% 1.7% 3.5% 1.1% 1.3% 3.1% 5.6% 3.5% -8.0%

-1.7%

 -1.3%

 May
Jun     -0.1% 0.1% -0.2% -1.7% -3.9% -8.4% 7.3% 0.2% -3.1% -5.2% 3.9%  -1.7% Jun
Jul     1.8% 0.6% 8.7% -3.1% 1.2% -0.8% 9.5% 7.6% 4.2% 7.0% 3.7%  -2.0% Jul
Aug 3.4% -0.9% -1.1% 2.4% 3.2% 1.5% 1.6% 1.5% 0.8% 3.6% 0.4% -4.5%

15.1%

-5.4%

 Aug
Sep -0.5% 0.8% -2.5% 2.6% -6.8% 3.7% 11.0% -8.9% -0.1% 3.7% 6.9% 8.9%

10.4%

-7.0%

 Sep
Oct -6.3% -1.7% -5.2% 3.3% 0.5% 1.6% -3.9% -16.8% 0.1% -1.9% -4.1% 3.8% -2.0% 10.9% Oct
Nov 7.9% 3.8% -2.7% 1.9% -2.4% -4.2% 3.4% -7.2% -1.6% 6.0% -1.3% 0.0%

2.4%

 -0.2%

 Nov
Dec 2.2% 0.0% -1.7% 1.4% 4.7% -0.7% 7.9% 1.1% -0.5% 1.9% 6.0% 6.7%

-0.9%

 1.0%

 Dec
Year 2005 2006 2007 2008 2009 2010 2011 Year
  6.4% 2.0% -13.3% 15.8% 23.0% 5.5% 3.0% -37.0% 27.8% 26.4% 10.4% 15.1% 28.8% 2.1%  

 

From 2005 to June 30, 2010, management fee was charged at the annual rate of 2%. Beginning July 2010, the managed account fee is 2.5% annual rate. The above returns are actual account returns after fees and are not restated for the management fee change. To adjust the returns prior to July 1, 2010, to reflect the increased managed account fee, reduce the monthly returns by 0.04% (four one hundreds of one percent,) and reduce the annual returns shown by .5% (one half of one percent.) 

The Managed Account Returns in the above table are based on actual accounts held in US Dollars.  The managed account returns include dividends and interest earned on accounts and are compared to the total returns of the S&P 500 index (includes dividends) from published data. Income taxes of the account holder are not reflected in the above table. All accounts have their investments managed uniformly. The returns of individual accounts that have deposits or withdrawals during the period may vary due to the timing of the deposit or withdrawal. 

The accounts invest in long funds or short funds for U.S. equity indices. Accounts include leveraged instruments (maximal leverage is two) such as mutual funds (e.g., S&P 500 2x STRATEGY RYDEX fund) and Exchange Traded Funds. All accounts have the same underlying active trading strategy in US equity indices.

Past performance is not necessarily indicative of futures results. For more information on a speculative managed account using Stock Index Mutual Funds or Exchange Traded Funds, email george@georgeslezak.com 

 

Dear Investor:

Thank you for considering my managed account plan. On this page is a brief explanation of my managed account plan and my current table of managed account results.

Since August 1, 2005, I have been a Registered Investment Advisor managing client speculative funds using Stock Index ETFs and Mutual Funds. Client accounts are held at a Broker Dealer. Currently I am registered with Rydex Funds (for US accounts) and Interactive Brokers (for non-US accounts) accounts. The account is "your" individual account or "your" IRA. I take a "trading power" over the account that limits me to only placing orders on the account and to submit my management fee. The market timing trading strategy followed in the accounts includes using leveraged long or short funds and ETF positions, but does not necessarily exactly match the recommendations in the weekly Stock Index Timing .com newsletter. 

When you set up an account at Rydex or Interactive Brokers and give me trading power of attorney, the account gets set up in my managed "group" and this lets me move between long or short the market for all the accounts with just a few keystrokes online. At Rydex, my 2.5% annual fee is pro rated monthly and charged at the end of each month. Interactive Brokers pro rates my 2.5% annual fee to a daily charge. 

There are no transactions fees at Rydex. Transaction fees at Interactive Brokers are the lowest rates I can find. With very low or no commissions, I can go back and forth without hesitating about transaction costs being too high for small accounts.

You can see that my returns are very speculative. The goal of my managed account plan is to profit in almost any market circumstance. I suggest you only let me manage funds like they were just one speculative investment in one stock. For example, if you have a million dollars in stock market investments, I suggest you put $50,000 to $100,000 in this program.

Thanks for considering my managed account program.

Please call if you have any questions. 

George Slezak
239-947-9131

 

Before opening a managed account, please review the Investment Advisor Disclosure Form ADV Part II, and  the Investment Advisor Agreement linked in items 1 and 2 below. (page http://www.georgeslezak.com/managed/ )

 

Theta Research has reviewed my managed account statements and independently prepared statistics on my results since I have had managed accounts at Rydex from July 2006 to current. (Accounts from August 2005 to July 2006 were at Brown Co., E Trade, and Scott Trade and are not available on line for independent access and so Theta only reviewed the Rydex statements.)

Please go to the following link and register to view the statistics on my managed account results. http://manager.thetaresearch.com/guestsignup.mgr?mgrid=450 The site will send you an email link for entry. When you go to the site, click on my name for the program name. Then, click on the tabs at the top of the page to view the monthly and periodic statistics.

Please send this link to anyone that has an interest in reviewing the results.

Thanks,  George

Note: The Theta Research results have four individual months that have returns that vary from the above (one by less than one percent, and three by less than one half of one percent) because they assume deposits at the end of the month and withdrawals at the beginning. This skews performance slightly depending on the size of the cash flow. This is acceptable because they are not trying to provide audited records. They are trying to give prospective advisors and clients a good look at how the model trades in real time. These slight variations are not critical to that purpose. Theta's S&P 500 comparison reflects the index price changes, and my comparisons above reflect total return changes (price and dividends.)

 

 

Following is information for opening an individual account for my managed mutual fund program. 

1. Review the Investment Advisor Form ADV Part II Disclosure. Before opening an account, please click here to review the Investment Advisor Form ADV Part II Disclosure (3 meg file).

2. Complete the linked client Agreement. The Please print out the linked six page file. 

First, is the three page Investment Advisor Agreement - please review, then sign and date. 

Next is the one page New Client Questionnaire - please complete and sign and date. 

Then, the two page Rydex Appointment of Financial Professional form - please fill in the account name and sign and date. 

 After completing these, please mail, fax, or email these to George Slezak at the address on the pages.

3. Open an account at Rydex SGI Funds (or for international accounts at Interactive Brokers.)

    
 

The following information relates to opening accounts at Rydex SGI Funds

Currently, my investment plan includes moving between fund accounts either in the morning or at the close of the day. I only know of the Rydex SGI Mutual Fund Group offering the ability to trade mutual funds at both a morning close, at 10:30 am Eastern, and at the daily close. Accordingly, I currently suggest clients open accounts at Rydex Funds to participate in my managed program.

Please go to the following web site for instructions for opening a regular individual account at Rydex Funds: 

http://www.georgeslezak.com/managed/rydexregular.htm 

If you are opening an individual account you can complete the account forms on line and then print the pages to sign and mail, or down load the account forms, fill them in, and mail them to Rydex.

4. Consider the Transfer on Death Form.  Print out the one page form to establish a Transfer on Death beneficiary.

 

IRA Account Forms:

See the following for instructions to open an IRA transfer at Rydex
http://www.georgeslezak.com/managed/rydexira.htm 

 

 

  

   
  The following information relates to opening accounts at Interactive Brokers

Interactive Brokers has a complete on line account opening program. 

To initiate the account opening, George Slezak needs to send you an email through Interactive Brokers to invite you to join his managed account group.

Send George an email requesting an Interactive Brokers account invitation. 

Send to george@georgeslezak.com 

Include the name of the person opening the account (or owner of the IRA) and the email for the invitation, and the size of account you intend to open.

If you are making an IRA transfer to open the account, the instructions for making an IRA transfer is part of the online forms.

 

     
 


Please call if you need information on any of the above.

Thanks,

George

Right click on the following business card to print the picture

There is a risk of loss in futures trading. Past performance is not indicative of future results.

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