Accelar, Inc., founded in November 2006, filed the XoomFi Advisors DBA (Doing Business As) registration in 2021.
Yes. XoomFi is registered with the Securities & Exchange Commission (SEC) / FINRA ( Financial Industry Regulatory Authority) as a Registered Investment Advisor (RIA) under section 203(c) of the Investment Advisors Act of 1940 and has been granted an exemption as an Internet Investment Adviser. The registration was approved on June 11, 2021.The registration filed by Accelar dba XoomFi Advisors is # 314872 and the SEC registration file # is 801-121438.
The Internet Investment Advisor exemption grants XoomFi Advisors the right to invest funds on behalf of individual and institutional investors based in the United States of America without a separate registration in individual states.
As an Internet Investment Advisor XoomFi invests and manages its client's funds. Each client - individual or institutional - interested in having XoomFi invest and manage their funds opens a custodial account. XoomFi treats each client's account as a Separately Managed Account (SMA). The funds in each SMA are kept segregated and not mingled with the funds belonging to other clients.
XoomFi has created several investment models offering different Reward / Risk profiles. Based on each client's risk profile and tolerance, XoomFi invests the client's funds in one or more model portfolios.
The SMA structure gives each client the ability to track the investments, positions, returns in their own account.
No. We manage each client's funds in their own SMA's and do not mingle them with funds of other clients.
XoomFi does NOT offer or provide individual financial advise to invest in specific equities, options, or other investment instruments. We invest the funds in your account in one or more of our Investment Models.
We recommend you contact other Registered Investment Advisors (RIA's) if you are looking for personal / individual financial advice to invest in specific equities and / or options. You can get the list from the Securities & Exchange Commission (SEC) site - https://www.sec.gov/help/foiadocsinvafoiahtm.html
XoomFi invests in and trades stocks and options of the same underlying entity and leverages the relative price actions of the stocks and options to buy and sell stocks, buy / sell / roll options to generate regular income while seeking to generate additional returns on the underlying equity through equity appreciation.
XoomFi has developed a set of proprietary scanners for each of its investment models to identify and select the companies in which to invest. After scanning the entire universe of companies, the scanners identify companies which are added to our Watch Lists and then a select few are added to the models. After reviewing and tracking the price actions of the companies on the Select Few lists, we then add a handful of companies to one or more investment models and then invest in those models.
We have created three investment models:
XM-B, XM-E and XM-U offer different levels of Defined Reward/Risk profiles. Each Model has its own scanner of equities, reward / risk targets and entry / exit points.
No. At this time we don't offer ETF's.
The minimum level of investment is $25,000 for Individual Investors and $100,000 for Institutional Investors
Yes. You can open an IRA or 401(k) account and fund it with retirement funds or by rolling over funds in other IRA or 401(k) accounts to the new IRA or 401(k) account.
After several quarters of simulated and live trading of its strategies in 2021 and 2022 and after testing and refining several variations of covered call strategies, extensive testing, back-testing, refining and solidifying our trading algorithms and strategies under various market conditions, we have now created a set of scanners for three model portfolios and have implemented the EPIC trading strategy with well defined exit and entry points based on market conditions for each of the three EPIC Investment Models as of July 1, 2022.
XoomFi principals have had many decades of trading experience and have experienced the precipitous 1987, 2001, 2008, 2020 downturns and many bull and bear market cycles along the way.
We have developed a set of core beliefs and guiding principles based on our experiences - core beliefs which make XoomFi unique and different. These core beliefs are:
These core beliefs have been incorporated into everything we do - our philosophy, our trading strategy and plan, selection of positions, entry / exit points.
With Covered Calls as the primary investment instrument and with options - short and long - as the key elements, the Option Greeks have a crucial role to play in our trading strategies and algorithms - role which can be best summarized as:
To deliver Alpha relative to major market indices and other investment options…
Identify and invest in high Beta stocks…
While embracing Vega as the key driver of our investment thesis…
With Delta and Gamma as our guides in selecting the options in the underlying…
… and with Theta as our ally
To learn more about the Greeks visit : https://www.investopedia.com/trading/using-the-greeks-to-understand-options/
With limited trading & investment history of a few quarters with our trading strategy, we are not able to provide any comparisons with prior periods and consequently we are not able to provide any projections or predictions with any certainty.
Past performance is no predictor of future performance so there are no guarantees that the XoomFi trading strategy will outperform the market, indices, funds and ETF's in any specific or every conceivable market condition. With that said, with more than 12 months of rigorous testing and back-testing of our trading strategy we have the confidence to believe that XoomFi will perform well under most market conditions.
We recommend that you monitor and track our performance over time and then determine if and when you wish to invest.
No. You may withdraw funds - partially or completely - from your account at any time without any penalty.
In fact, for clients looking for regular income we encourage them to set up monthly / periodic withdrawals.
The fundamental premise of XoomFi is to generate regular income while continuing to benefit from equity appreciation - with the combination of the two delivering outstanding returns.
All XoomFi trades - stocks and options - are executed by Interactive Brokers (NASDAQ: IKBR).
Email our client services team at CS@XoomFi.com. We will email the electronic application to open your Separately Managed Account (SMA) or Custodial Account. We will then have you fill out the XoomFi Risk questionnaire. Based on your response to the Risk Questionnaire, we will calculate your Risk Score.
Once you have responded to the questionnaire and funded your account - minimum of $25,000 for individual investor and $100,000 for an institutional investor, we will invest your funds in one or more of the XoomFi Investment Models - XM-B, XM-E and / or XM-U depending on your Risk Score.
No. To enable you to track the performance of your portfolio of stocks and options which we manage for you, your XoomFi Custodial Account is not set up for you to trade on your own.
The XoomFi Dashboard gives you secure access - secured by your email and password - to your XoomFi account. The Dashboard gives you real-time updates for your account, including but not limited to listing of your investment positions, open and closed trades, Net Asset Value (NAV), return on your investment for individual positions or for the entire portfolio in the aggregate, account statements, tax and other documents, etc.
Absolutely. Our Portfolio Analyst gives you the ability to generate flexible reports for specific time periods for individual positions or for the entire portfolio, benchmark comparisons with market indexes, individual funds, ETF's, using more than 50 performance criteria or metrics.