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    Author Topic: Crypto Kingdom - 1991 Retro Virtual World(City)  (Read 632760 times)
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    smooth
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    January 28, 2015, 08:30:35 PM
     #961

    Smooth Investment Fund update

    I'd like to remind everyone that Smooth Investment Fund is available to invest your idle cash balances. We are making a market at a 3% spread and the market is still at a bit of a discount to NAV.

    The fund has an investment return so far of 8.63% (those who participated in the secondary offering at a discount, such as the most astute Marquess of Soul, have done even better).

    The fund has no management fee charged to investors. Profit sharing of 20% of net profits is paid by the fund to the manager at repricing events (such as a secondary offering or liquidation).

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