Bernie Madoff's Miraculous Returns: Month By Month

The Fairfield Sentry Fund was a $7 billion fund-of-funds solely invested in Bernie Madoff’s investment firm.  The Fairfield Sentry “3X Leverage” version, meanwhile, is a derivative of the fund that borrowed $3 for every $1 invested–and, thereby, earned 3X the return.  Both funds are presumably now worth zero.

The fund’s marketing materials lay out in month-by-month detail Bernie’s fictional returns:

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.