Yes depends on the type of trading the fund does.
certainly if they are active then transaction based fees aren't the go.
management fee and performance fees are the norm
Signal Trading .. it all depends on the signal you are.
If you get the signal late and usually these signals are scalping ie for 5 pips then you are wasting your money.
its a pyramid scheme.
Luckily the regulators are clamping down on these and people selling will need a license.
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