kWantix Trading Fund I is a hedge fund to trade for profit in the spot electrical power markets. The fund is expected to generate profits up to 50% or more of assets under management. The funds utilized the artificial intelligence technology developed at kWantera.
Achievements to Date
Year #1 performance reflects a gross profit per mega watt of $0.91.
Year #2 results are projected to generate a profit of greater than 30% of revenue.
A major seed hedge fund Moody Aldrich Partners, has purchased controller interest in the fund. The fund is expected to grow to be greater than $50 million.