Newly launched hedge fund, Spartan Equity, founded by 40 year industry veteran Bill Geiger, closed their first month of trading with performance of +20.5% net of all fees and expenses for their investors. During the same period, the S&P 500 rose +6.9% after crashing -4.8% in September 2021 for an overall gain of just +1.8% during the two months.
According to Geiger, “Today’s investors want to enjoy above average returns without the risks associated with market volatility. At Spartan Equity, we don’t believe in the buy and hold approach to wealth management. We are in the markets daily, fighting to create wealth for our investors, no matter what direction the market goes.”
Geiger further states that, “The development of Spartan Equity’s proprietary and innovative trading strategy comes from 25 years in Washington, D.C. uncovering how changes in the US Government’s Fiscal and Monetary Policy affect the economy, investor psychology, and the markets. The Spartan Equity strategy strives to outperform in upmarkets while creating positive returns in down markets to protect and grow their investors wealth.”