I've been approached by a crowd called raceglobal. Has anyone heard of these guys whom are New Zealand based with a sales rep in Auzzie. The deal is you pay them a set fee of $6,600.00 pa (or split over 12 months)for them to place proxy bets (from their own selection analysis) for you thru' a IAS account. I like the idea of an investment club. Their target is to net monthly returns of 20% of which they tell me they have been well and truly getting. Suggested IAS injection = $2000.00 with no max limit. Any suggestions or recommendations - Is this a reasonably safe investment stratagy for one who dosn't follow horse racing? If not what counter offer could I go back to them with? Web link for those interested http://www.raceglobal.co.nz

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Look forward to your reply

Regards
Craig