Elephant finance is to build a private equity fund with the model of asset management. The sponsor takes the lead in launching the portfolio project, the fund manager is responsible for the transaction, and the partner shares. After the fund raising is completed, the platform will hand over the fund and account number to the trader to start the project. After the project expires at the agreed time or the withdrawal reaches the warning line, the liquidation of the project will be terminated.

1. The currency of the raised funds is RMB. The trading varieties are foreign exchange and futures trading denominated in US dollars, which are connected with Zhongfu Securities and Futures respectively. It is not clear how to hedge the exchange loss between the US dollar and RMB.

2. Sponsor and fund manager system. The sponsor and the fund manager can be the same person or different people. When launching a project, they can inject capital separately and bear different income shares. I guess the purpose of this is that the platform can pretend to be a small number of promoters and invite powerful traders to take some risks.

3. Project period: the short period can be 1 day and the long period can be 1 year. The fund manager may make liquidation in advance at any time according to the situation during the transaction. One day is mainly used for non-agricultural invoicing, which is generally a non-guaranteed project.

4. Transaction method: the funds of traders and investors are traded in one account. It is not clear how the rebate of this account is distributed, that is, the platform may have received the rebate.

5. Project operation: During the project operation, investors cannot quit early. Investors can't check the traders' positions, only see a net value curve, and the use of funds is opaque. The guaranteed income and extra share of the project need to be settled after liquidation, and the order information will be informed to investors after liquidation.

6. Raising funds: The scale of raising funds ranges from 65,438+0,000 to 20 million RMB, which is amazing. Investors basically have no upper and lower requirements for funds, so 10 yuan can invest.

7. Project sponsors and traders: The information disclosure of the platform to the project sponsors is very limited, and there is a real-name authentication process for the sponsors. The platform is also V-certified.

8. Participation in fund-raising: A bid with a capital preservation of 20 million was received, with 400+ participants, with an average of 50,000 RMB, and the fund-raising was completed in 3 days.

9. Repeated project initiation rate: From the perspective of running projects, the proportion of repeated projects initiated by the same person is high. Users can trade multiple projects in parallel.

10. Number of projects: there are currently 27 1 projects in operation. According to the average 60-day project cycle, there are five projects on average one day, and the scale of funds and the number of cattle people are huge.

1 1. Project profit and loss: According to the data in the webpage, according to incomplete statistics, 60% of the running projects are profitable.

12. Financing: Elephant Finance provides investors with a financing tool called "Elephant Coin", and the rate used is 8% of Nianhua. As long as you buy projects with guaranteed returns greater than 8%, you can take a risk-free spread.

13. Project audit: Elephant didn't do background investigation on the project sponsors and traders, but only did real-name registration system certification.

Products with guaranteed capital and guaranteed income can be raised in a short period of time, and products without guaranteed capital and guaranteed income can rarely be raised.

1. 1. Product type: prepaid capital (capital preservation+fixed income), working capital (capital preservation+excess income share), non-capital preservation.

1.2, select the product type of the transaction. Only foreign exchange and futures, nothing else.

2. 1、