Joyfund

Some of you noticed that a recent addition was made to the program list here on Investment Trust. The new program, Joyfund, is certainly an interesting prospect, and is worth some further attention.

Joyfund is a well verified operation that offers approximately %30 per month through commodity option trading. Public account positions were made available in April and the minimum investment to obtain one is USD$1,000. Investments are made via e-gold and there is a three month holding period on initial investments. There was previously an auto-forex investment option, however, this has been discontinued.

Joyfund's legitimacy has been well established through live trading analysis audits by my friend Rabbit (read Rabbit's review of Joyfund here), and will undergoe future regular audits by a professional independent auditing body. Another friend of mine who resides in the same country as the admin of Joyfund, Spain, only a few kilometers away, recently proposed an in-person meeting. Arnaud, the admin, was willing to accept any kind of in-person meeting with my friend, and such a meeting should take place once both parties can find enough time to do so. Arnaud also accepted an in-person meeting with a Spanish HYIPD member, Shandil, which should take place in early July. Although both meetings are yet to be carried out, the fact that Arnaud accepted both willingly provides a certain level of authenticity by the admin. Hopefully one of the meetings will be carried out soon, and it can be added to the already substantial list of verifications.

The following is the synopsis provided by Joyfund on its own operation:

"Joyfund's unique objective is to offer investment opportunities based exclusively on actual trading.
Comparable funds like Hedge Funds in such configuration ask for a minimum investment of $50,000-$1,000,000 (if you want to have a look).
In order to bring high returns to small to medium investors, we have to face an administrative hurdle that does not facilitate trading. But as we strongly believe in providing to everyone what only a few can supposedly afford, we will manage, with your help, such administration.

Joyfund will provide you with several long term investment opportunities (based on real trading!). Each time one of its funds reaches the 1.5 - 2M$ capital (such amount is needed in order to justify the implied increased costs), several events will take place:

* It will be branched out to a new entity,
* Shares will be issued to investors proportionally to their investments,
* Costs will be rationalized toward a lower burning rate and thus a higher profit share for investors,
* An internationally recognized external audit will be hired,
* The fund will be opened to high worth investors thus increasing fund's long term reliability,
* Money Management rules will change to enhance capital preservation."

There is an active and very informative discussion on Joyfund at HYIPD, where the admin partakes in the discussion frequently:

http://www.hyipdiscussion.com/private-hyips/20886-joyfund-info.html

www.Joyfund.info