HSX Forum

Playing & Trading Strategy

Why is PARAX investing in other Movie Funds when it has no Mandate to do so? {nm}

Posted by: RotoHockeyYTD2013 (a.k.a RotoHockey2013MainPort) on Mar 18, 00:30 in response to whitewalls' post Starting a blog about funds! First up is DISNX

Starting a blog about funds! First up is DISNX whitewalls Mar 17, 22:26

A Movie Fund Blog - what an excellent idea - Kudos for Thinking outside the Box. {nm} RotoHockeyYTD2013 Mar 18, 00:22

DISNX should expand its Mandate to include StarBonds & Derivatives. Other Funds are investing in those. RotoHockeyYTD2013 Mar 18, 00:27

Why are Movie Funds investing in themselves when they have no Mandate to do so? {nm} RotoHockeyYTD2013 Mar 18, 00:29

funds have been allowed to hold (1) share of their own fund. anymore than that is wrong and should be pointed out politely islander Mar 18, 06:59

Then this should be identified in their Mandate. It's a simple inclusion. {nm} RotoHockeyYTD2013 Mar 18, 14:05

Why is PARAX investing in other Movie Funds when it has no Mandate to do so? RotoHockeyYTD2013 Mar 18, 00:30

If Studio Funds want on invest in StarBonds & Derivatives, their Mandate should say so. {nm} RotoHockeyYTD2013 Mar 18, 00:32

starbonds are not allowed to be held by studio funds. this should be pointed out to the admin. some derivs are allowed islander Mar 18, 07:06

It has nothing to do with 'uncertainty'. The Rules should be clear and should be followed. RotoHockeyYTD2013 Mar 18, 14:04

none of the studio funds are holding starbonds, & none hold more than 1 share of a studio fund, so no problems w/ the rules {nm} lapuckfan Mar 18, 14:20

Not Correct - PARAX has a StarBond Investment. RotoHockeyYTD2013 Mar 18, 15:21

> islander Mar 18, 16:00

The PARAX fund manager probably just made a trade in their fund when they thought they were in their port. {nm} RogerMore Mar 18, 16:04

I was thinking the exact same thing. It has happened to me at least twice, so it's not unlikely... slappydavid Mar 18, 16:14

It was a Statement of Fact. {nm} RotoHockeyYTD2013 Mar 18, 17:07

I didn't mean you in this case, I was just suggesting a possible general way of doing it... {nm} slappydavid Mar 18, 20:01

All Righty. Thanks. {nm} RotoHockeyYTD2013 Mar 18, 23:14

And... Issue II, FOXX is up. whitewalls Mar 18, 01:27

Thanks for your analysis of the FOXX fund CButera Mar 26, 16:55

There will be a follow-up with the new format coming soom, most likely in mid-April after I am back from Vacation. {nm} whitewalls Mar 26, 17:30

Looks good... some thoughts inside. RogerMore Mar 18, 08:33

re: the monthly fund report, yeah it got to be more work than i was interested in. would be nice if someone wanted to do it islander Mar 18, 08:51

Thanks for the input Roger... whitewalls Mar 18, 12:49

You can put Adsense. You can make extra cash. {nm} mike255 Mar 18, 12:21





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