EVE Search - [EWMX] Mutual Fund 5% Return

All Channels

Market Discussions

[EWMX] Mutual Fund 5% Return

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: 1 [2] 3 4 5 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
Zenepher Money Trust	Posted - 2009.06.19 21:51:00 - [31] Isk sent, awaiting shares =]
JManZA Blood Money Bootcamp	Posted - 2009.06.19 23:04:00 - [32] I'd like to reserve 20 shares in case anyone pulls out.
Einear Lightfingers	Posted - 2009.06.19 23:08:00 - [33] Isk sent for stock.
Harney Pickett Caldari ARC Industries	Posted - 2009.06.19 23:09:00 - [34] Money sent for shares.
Jin Nib	Posted - 2009.06.19 23:25:00 - [35] ISK sent, as well.
RothimusPrime Honored By Death	Posted - 2009.06.19 23:51:00 - [36] Reservation List Updated Shares Disbursed to those who paid. Jin Nib --> I do not have any deposits from you on Bankimus or to EVE Wealth Management.
Jin Nib	Posted - 2009.06.20 00:50:00 - [37] Originally by: RothimusPrime Reservation List Updated Shares Disbursed to those who paid. Jin Nib --> I do not have any deposits from you on Bankimus or to EVE Wealth Management. I am full of fail at reading comp. I sent the ISKs to Rothimus Prime. Sorry. -Jin Nib Trading on behalf of Opera Noir since: 2009.03.02 03:53:00
RothimusPrime Honored By Death	Posted - 2009.06.20 02:01:00 - [38] List Updated and moved to my reserved slot below business plan. All shares have been issued to those who have paid. Website updated to reflect investors, those who have paid, and reservations in case of drop outs.
Marcus Baltar	Posted - 2009.06.20 08:44:00 - [39] Originally by: RothimusPrime Edited by: RothimusPrime on 20/06/2009 01:26:37 ===== SOLD OUT ===== Current Reservations Gabriel Virtus 20 Kazzac Elentria 20 PAID Shares Sent Dzil 20 Marcus Baltar 10 Saehta 20 PAID Shares Sent Ji Sama 20 Miranda Zoar 10 PAID Shares Sent Einear Lightfingers 20 PAID Shares Sent Harney Pickett 20 PAID Shares Sent Ulecese 20 PAID Shares Sent Zenepher 20 PAID Shares Sent Jin Nib 5 PAID Shares Sent Total Shares: 205 Pending Reservations (In case of drop outs) Elle Darkblade 3 shares JManZA 20 shares Confirming 100,000,000 ISK sent to the personal wallet of "Bankimus" at 2009.06.20 08:23 for the purchase of 10 shares (10,000,000 ISK each) in the venture "[EWMX] Mutual Fund 5% Return" put forth by "RothimusPrime". Thanks.
Gabriel Virtus hirr Morsus Mihi	Posted - 2009.06.20 09:12:00 - [40] I am still waiting confirmation of DBank assets and what your involment is with them. When is the isk due again? O skimmed the wall-o-text, but couldn't find it. <3 -GV
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.20 09:44:00 - [41] transfer complete. TMPI
Gabriel Virtus hirr Morsus Mihi	Posted - 2009.06.20 10:48:00 - [42] Isk sent - found some liquid isk somewhere. I will edit this post to confirm receipt of shares. ~GV
Skarii TuThess Maelstrom Crew	Posted - 2009.06.20 11:20:00 - [43] Edited by: Skarii TuThess on 20/06/2009 11:21:16 I would like to be added to the backup list please with a reservation of 20 shares - just in the ever seemingly increasingly unlikely case that someone drops out! Thanks.
Galal Dax Young Enterprise DEFI4NT	Posted - 2009.06.20 16:20:00 - [44] This sounds like exactly what I was talking about and looking for when I posted on MD questions recently: link Will this be an open-ended fund - allowing unlimited new investors at some point, or close-ended? I know there was an audit done. Will their be regular audits done - maybe by a group of 3 MD regulars? (A kind of EVE SEC) Thanks, and I'll watch this, very interested to see how you do with it.
Kazzac Elentria	Posted - 2009.06.20 16:50:00 - [45] Originally by: Galal Dax This sounds like exactly what I was talking about and looking for when I posted on MD questions recently: link Will this be an open-ended fund - allowing unlimited new investors at some point, or close-ended? I know there was an audit done. Will their be regular audits done - maybe by a group of 3 MD regulars? (A kind of EVE SEC) Thanks, and I'll watch this, very interested to see how you do with it. If Roth is willing, Id be more than happy to prepare quarterly reports since I already have a start point and it would more or less just be having EMMA pull it out for me.
RothimusPrime Honored By Death	Posted - 2009.06.20 22:23:00 - [46] List Updated Website Updated Shares sent Since all but one have paid, I may go ahead and begin investing and trading as appropriate. I will respond later tonight if I get this going. If so, I'll try to pay a 1% dividend since your funds will hopefully be making money after tonight. Originally by: Galal Dax This sounds like exactly what I was talking about and looking for when I posted on MD questions recently: link Will this be an open-ended fund - allowing unlimited new investors at some point, or close-ended? I know there was an audit done. Will their be regular audits done - maybe by a group of 3 MD regulars? (A kind of EVE SEC) Thanks, and I'll watch this, very interested to see how you do with it. I am happy to take Kazzac up on his offer and open up for quarterly audits. No issues with that. As for open/closed end, that I'm unsure of at this point. I wish I could allow anyone and everyone to invest, but I have to limit the amount I take in so that I can diversify properly. There just aren't enough investments offered (or good ones) where I am willing to put large sums into for fear of scam/default...this is why only 2 billion was raised for this offer. It appears I could have easily raised more than 2 billion, but where would I put it safely and produce enough income to pay the returns. Therefore I have to grow slowly. I want to put most of it into investments as they pop up and use some of it to trade with in order to maintain income while waiting for solid and profitable investment options. Probably will never be truly open ended, but I hope to open for more investors as I am able to.
Galal Dax Young Enterprise DEFI4NT	Posted - 2009.06.21 00:41:00 - [47] I'd like to reserve 20 shares also - for anyone pulling out, or if there is an additional offering.
Varo Jan Minmatar	Posted - 2009.06.21 01:33:00 - [48] Originally by: RothimusPrime Section 5 - Statement of Assets As of the launch date July 1, 2009 EVE Wealth Management will have the following assets: (excluding any new investment opportunities that arise between now and the launch date) Bank Accts Dynasty Bank500 million isk EBANK 0.0 million isk InvestmentsQuantityInvested Trinity Corp IPO2,000 shares200,000,000 BSAC Corp Bonds10 bonds92,859,940 Reclamation Industries Bond10 bonds100,000,000 FreelancerÆs Inc Marketing Div100 shares210,000,000 Tai**e Kami Bond20 bonds20,000,000 CAIDS Bonds20 bonds200,000,000 Trading Approximately 500 million in sell orders will have been placed as of the launch date. Section 6 - Full Disclosure of Risks Primary risk involves the default or scam of the current investments held by EVE Wealth Management. Additionally, the risk of current holdings not paying dividends/interest on time. However, this is overcome by diversification which has already begun to be implemented. Unless everything fails at once, there will be no issues. No issues? Are you serious? All it takes is one default to wipe out returns. Look at the recent portfolio analysis presented in MD, not the one by cosmoray. Did you run the numbers on this? What¦s the impact of DBank defaulting in full? What¦s the impact of any one of those investments you listed defaulting? Also, with the small size of the fund, I doubt you¦ll be able to significantly diversify the investment portion (75%?) of the fund. Quote: Also, since I am basically matching the funds raised here, there is collateral to repay investors should disaster strike. Are you explicitly guaranteeing full payment of outstanding dividends and full repayment of principal in a worst case scenario? Quote:** Risk that trading may slow or halt due to price changes and demand in the market. This can be overcome with some research and altering of buy/sell orders on the part of the investment manager. How much experience do you have of trading in EVE? Maybe I¦m being pedantic, but this isn¦t a mutual fund. It¦s a hybrid reliant on trading to achieve satisfactory returns. You¦ve done your homework on presentation, and that¦s no small thing. However, you are an unknown and the returns you are offering do not reflect that. Nevertheless, my compliments on a good sell. Time will tell whether you perform.
Bankimus EVE Wealth Management	Posted - 2009.06.21 02:39:00 - [49] Edited by: Bankimus on 21/06/2009 02:40:17 ______________________________________ http://sites.google.com/site/evewealth
RothimusPrime Honored By Death	Posted - 2009.06.21 02:50:00 - [50] I in no way referenced the fact that the potential default of Dbank would not be an issue for the fund. I stated that I didn't believe it would be an issue for those invested if Dbank did not confirm the 500 million on deposit along with this being a sole venture on my own accord. Any investment held defaulting or scamming would be a setback and would have to be addressed if/when they occur. Should Dbank default, then 500 million of my isk on deposit credited to this fund would be lost, invstor funds are yet to be used. I believe that by the fund being smaller to start allows it to be more "significantly diversified". You think 50 billion would be easier to diversify that 2 billion...I don't. As indicated in my business plan, starting small will allow me to invest funds properly. Yes, I guarantee investors funds and accrued dividends. You can call my product whatever you want, I call it a mutual fund. I did address in my business plan that trading did not fall into the traditional definition of a mutual fund. However, in EVE there has to be additional income in order to hedge against default or scam of held investments. In addtion, there are not enough investments currently offered that I could immediately invest funds into. This will have to be a gradual process as respectable options arise. I appreciate your challenging and your questions are valid. However, I believe I have answered them here or originally in my business plan.
Marcus Baltar	Posted - 2009.06.21 08:42:00 - [51] [EWMX] Mutual Fund 5% Return Confirming receipt of 10 shares in EVE Wealth Management; Name; EVE WEALTH MANAGEMENT Headquarters; B***lille XI - Moon 1 - Freedom Extension Storage Description; A mutual fund corporation dedciated to providing consistent and above average returns to our investors. CEO and Founder; Bankimus Ticker name; EWMX Shares; 1000 (remember the display bug)* Member count; 1 Tax Rate; 100.0% Corporation founded; 2009.06.07 URL; http://ewmx.t35.com Thanks. -- DesuSigs
Gabriel Virtus hirr Morsus Mihi	Posted - 2009.06.21 09:01:00 - [52] Btw RP, if you get hit by a bus... I am going to be very, very mad at you. I will also get mad if you up and disappear. How about we make Kazzac earn his money and become a trustee of sorts in case something like that happens :) ? I just realized that these risks weren't really addressed... -GV
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.21 11:10:00 - [53] shares recieved
Jin Nib	Posted - 2009.06.21 11:19:00 - [54] Ditto.
RothimusPrime Honored By Death	Posted - 2009.06.21 15:10:00 - [55] Originally by: Gabriel Virtus Btw RP, if you get hit by a bus... I am going to be very, very mad at you. I will also get mad if you up and disappear. How about we make Kazzac earn his money and become a trustee of sorts in case something like that happens :) ? I just realized that these risks weren't really addressed... -GV I'm fine with addding a trustee or some layer of security, if doable. What do you suggest?
Varo Jan Minmatar	Posted - 2009.06.21 20:15:00 - [56] Originally by: RothimusPrime I in no way referenced the fact that the potential default of Dbank would not be an issue for the fund. I stated that I didn't believe it would be an issue for those invested if Dbank did not confirm the 500 million on deposit along with this being a sole venture on my own accord. Double negatives = corporate speak = obfuscation = me irritated. I asked a simple question. What¦s the impact (on the fund) of DBank defaulting in full? Quote: Any investment held defaulting or scamming would be a setback and would have to be addressed if/when they occur. Should Dbank default, then 500 million of my isk on deposit credited to this fund would be lost, invstor funds are yet to be used. If/when they occur? More corporate speak. You¦re avoiding the question. Please provide a worked numerical example showing the impact of any one fund defaulting on the returns for the month of default. You¦ve changed your tune. In your opening you said, " Unless everything fails at once, there will be no issues.". Now, at least you are admitting that any default would be a setback. Given the current shaky status of DBank, you should not include your deposit in a fund that has yet to start. Please confirm. Quote: I believe that by the fund being smaller to start allows it to be more "significantly diversified". You think 50 billion would be easier to diversify that 2 billion...I don't. As indicated in my business plan, starting small will allow me to invest funds properly. Please show me where I said 50 billion would be easier to diversify. In other words, kindly don¦t put words into my mouth. I thought you said you worked in the industry? It¦s a given that a large portfolio can diversify more than a small one. Nevertheless, starting small is your only option, given that you are an unknown in MD and given your limited knowledge of Eve. Quote: Yes, I guarantee investors funds and accrued dividends. Excellent. That¦s the only question you answered simply. Quote: You can call my product whatever you want, I call it a mutual fund. I did address in my business plan that trading did not fall into the traditional definition of a mutual fund. However, in EVE there has to be additional income in order to hedge against default or scam of held investments. In addtion, there are not enough investments currently offered that I could immediately invest funds into. This will have to be a gradual process as respectable options arise. So there we have it. A significant proportion (> 50%?) of this fund will be invested in trading - simply because there aren¦t enough bonds/IPOs of any ilk available. So, tell me again, how much experience do you have of running a trading portfolio in Eve? Well, to me it¦s black or white. There¦s no such thing as a non-traditional mutual fund. But it¦s a nice marketing gimmick in this environment. Quote: I appreciate your challenging and your questions are valid. However, I believe I have answered them here or originally in my business plan. With respect, you didn¦t answer most of the questions. Understand one thing - I¦m not questioning your sincerity at this point. Kazzac¦s audit does give comfort, but it is not a guarantee that you can perform. You are inexperienced, so that¦s a risk. It becomes an even larger risk because your investors are relying on you to pick good bonds/IPOs. If only one fails, you are stuffed, to put it technically. You have no collateral, and you have made no offer to provide collateral at a later date. Bottom line - this is as risky as they come, in my view. As such, the return of 5% is paltry, to say the least.
RothimusPrime Honored By Death	Posted - 2009.06.21 23:15:00 - [57] Quote: What¦s the impact (on the fund) of DBank defaulting in full? Should Dbank default in full, it will have no impact on the fund. Quote: If/when they occur? More corporate speak. You¦re avoiding the question. Please provide a worked numerical example showing the impact of any one fund defaulting on the returns for the month of default. You¦ve changed your tune. In your opening you said, " Unless everything fails at once, there will be no issues.". Now, at least you are admitting that any default would be a setback. I'm not going to provide you a worked numerical example. There is no need to provide you with this. I have not changed my tune at all, other than I am now, after the fact, having to defend myself to an unrelated party challenging and quoting my every word. Quote: Given the current shaky status of DBank, you should not include your deposit in a fund that has yet to start. Please confirm. I opened this offer as I wanted, funds in Dbank were included as an asset. Quote: Please show me where I said 50 billion would be easier to diversify. In other words, kindly don¦t put words into my mouth. I thought you said you worked in the industry? It¦s a given that a large portfolio can diversify more than a small one. Nevertheless, starting small is your only option, given that you are an unknown in MD and given your limited knowledge of Eve. You did not say 50 billion. I did not claim that you did. This was a hypothetical example used to prove my point. I do work in the industry, and yes more funds would be easier to diversify, in real life. There are 1000's of real investment choices one could diversify into. In EVE, there are not...therefore less capital is easier to diversify.
RothimusPrime Honored By Death	Posted - 2009.06.21 23:16:00 - [58] Edited by: RothimusPrime on 21/06/2009 23:18:16 Edit/Grammar Correction Quote: So there we have it. A significant proportion (> 50%?) of this fund will be invested in trading - simply because there aren¦t enough bonds/IPOs of any ilk available. So, tell me again, how much experience do you have of running a trading portfolio in Eve? Well, to me it¦s black or white. There¦s no such thing as a non-traditional mutual fund. But it¦s a nice marketing gimmick in this environment. Funds will need to be used somewhere while waiting for investment options to arise, it can't sit idle. I have 6+ months experience trading in EVE. Your opinion of name of my product is of no concern to me. The definition of a mutual fund is: An investment company that continually offers new shares and stands ready to redeem existing shares from the owners. Because the shares are purchased directly from and are sold directly to the mutual fund, there is no secondary market in these companies' stock. Individual mutual funds vary substantially in terms of the types of investments, their sales charges (many have none), and their management fees. Quote: With respect, you didn¦t answer most of the questions. Understand one thing - I¦m not questioning your sincerity at this point. Kazzac¦s audit does give comfort, but it is not a guarantee that you can perform. You are inexperienced, so that¦s a risk. It becomes an even larger risk because your investors are relying on you to pick good bonds/IPOs. If only one fails, you are stuffed, to put it technically. You have no collateral, and you have made no offer to provide collateral at a later date. Bottom line - this is as risky as they come, in my view. As such, the return of 5% is paltry, to say the least. I believe I did answer the questions, you just didn't like the answers or twisted the answers in order to continue challenging me. I cannot guarantee I can perform anymore than the last or next player to offer an investment can guarantee they can perform. This is meaningless point to bring up. As for the lack of collateral, this was disclosed in my business plan and anyone who invested was aware of it. I feel that this investment choice is not risky, and apparently so do several others. 5% return is more than most offer and that's what I offered from the get go. If anyone would like to cancel their investment, they may do so anytime prior to July 1st.
Kazzac Elentria	Posted - 2009.06.21 23:23:00 - [59] Originally by: Varo Jan Understand one thing - I¦m not questioning your sincerity at this point. Kazzac¦s audit does give comfort, but it is not a guarantee that you can perform. You are inexperienced, so that¦s a risk. It becomes an even larger risk because your investors are relying on you to pick good bonds/IPOs. If only one fails, you are stuffed, to put it technically. You have no collateral, and you have made no offer to provide collateral at a later date. Bottom line - this is as risky as they come, in my view. As such, the return of 5% is paltry, to say the least. The plan has 5% as the minimum set guarantee, and to my understanding with your question to Dbank/diversification the original plan covered that. 50% in holding pattern at Dbank, 25% already divided between TMP/etc.. and the remainder immediately into active trading. Take it for what you will
cosmoray Cosmoray Construction	Posted - 2009.06.22 00:45:00 - [60] Do any investors look at the quality or the risk of what this mutual fund plans to invest in???? If I look at the portfolio, I see: 1. Reclamation (100M) - new player IPO - high risk 2. FIMD (200M) - BOD has announced closing down, no more divs, won't liquidate for a few months as FIRD has priority 3. Trinity (200M) - can't find this IPO on forum (did I miss something?) - assume high risk 4. BSAC (92M) - excellent 5. Tai****e Kami Bond (20M) - again can't find it - assume high risk 6. CAIDS (200M) - Sophia has good rep here but still a GOON 7. DBANK (500M) - database down, liquid cash gone, manager AWOL Accodring to my assessment of this mutual fund: 1. 25% of capital is possibly gone (DBANK) 2. 10% is non-paying asset waiting to be liquidating (FIMD) 3. 10% is a good risk 4. 25% is in high risk investment 5. Only 5% of your portfolio is good investment grade (BSAC) 6. You haven't stated what the other cash is invested in You also don't really have a great rep, AND you a DBANK employee. Investors give you money and you only pay 5% per month for what looks like the riskiest portfolio in MD.

Pages: 1 [2] 3 4 5 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.