Today I want to talk a little bit about my investment adventures with Genius Funds. I stumbled across this site while researching ways to make a little dough on the side, and it immediately struck me as being one of the most professional looking sites out of similar programs out there.
Genius Funds is a High Yield Investment Program (HYIP), which pays you dividends on your investment depending on how much you invest, and which program you choose.
Genius Funds have three separate investment programs:
The Emerging Market Growth Fund (EMGF) is a daily dividend fund, which pays out dividends each weekday between 1.0-1.9% interest depending on the funds performance, and how many shares you own. Each share takes 150 days to mature, meaning you can't sell the shares until you've had them for 150 days.
The World Bond Market Fund (WBMF) is a weekly dividend fund, which pays out dividends each Monday between 6-9% interest, again depending on the performance and how many shares you hold. Each share takes 180 days to mature.
Their latest addition is the Genius High-Yield Deposit Account (HYDA). Genius HYDA is a fixed interest deposit account, with no term deposit. No term deposit means you can withdraw from the account at anytime, and interest is payable daily.
The shares of EMGF and WBMF have three levels:
- Common Shares
- Preferred Shares
- Premium Shares
EMERGING MARKETS GROWTH FUND
Genius clearing symbol: EMGF
Investment objective: Long-term investment generating maximum regular income.
| Minimum Initial investment | |
| Common Shares: | USD 10 |
| Preferred Shares: | USD 500 |
| Premium Shares: | USD 5000 |
| Income distribution | |
| Distribution period: | Daily, at midnight CET next day |
| Dividend range: | 1.0% - 1.2% for Common Shares, 1.1%-1.4% for Preferred Shares and 1.3%-1.9% for Premium Shares |
WORLD BOND MARKET FUND
Genius clearing symbol: WBMF
Investment objective: Long-term investment generating moderate regular income.
| Minimum Initial investment | |
| Common Shares: | USD 10 |
| Preferred Shares: | USD 500 |
| Premium Shares: | USD 5000 |
| Income distribution | |
| Distribution period: | Weekly, on Mondays |
| Dividend range: | 6.0% - 6.5% for Common shares, 6.5%-7.0% for Preferred Shares and 7.4%-9.0% for Premium shares |
I've been infesting with Genius Funds for a couple days now and will keep everyone posted on the growth of my portfolio as well as dividend payments I've received.
So far, I've earned $6.29 in dividends with both the EMGF and the WBMF, with only $140 invested after 3 days! It takes weeks, or sometimes even months to generate that amount of interest with a savings account or a CD.
One thing I forgot to mention, if you really want to maximize your profits on the site, they have a setting where you can compound your interest earned, at either 25, 50, 75, or 100%. Basically compounding your interest means that you re-invest your interest earned at the setting you choose, and the next time your dividend is calculated it includes the extra interest you have re-invested as well.
My suggestion is to go to their site and play around with their Earnings Calculator (Click the "Our Funds" tab at the top, then it'll be on the left) and see how much you could be earning with different amounts of principal invested, as well as different compound settings.
For example,
| Results | |
| Fund | EMGF (No-sale period of 150 days) |
| Investment | $ 100.00 |
| Term (Days) | 150 |
| Share class | Common shares; Preferred shares(after 136 days) |
| Cash income paid | $ 0.00 |
| Reinvested (Compounded) | $ 513.07 through 100% reinvestment rate |
| Total income | $ 513.07 |
If you sell your shares after 150 days your total profit including sale return will be $ 613.07.
As always, it might be smart to first earn back what you invested before you start re-investing your earnings, but to each his own. Some people have more patience than others :)
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