A couple of stumbles timing 50SHD and 50SH2 cost the Fund some H$ last week, but the damage has been made up and the current short will cash out with a tidy profit commission free profit in a few days. Some general info about the Fund:
*The Fund has now surpassed H$60. If you bought at IPO, every H$1 you invested is now worth H$6.01. An increase of 500% since inception. The fund has also doubled in value in 2015.
*The Fund has a market cap of around H$1.4 billion and a whopping short interest of .0065%.
*The Fund's largest holding is FFUR7, which makes up about 40% of the total fund value. I have an adjust target of 301, so I expect to make a tidy profit on this sure-fire blockbuster.
*Universal has an impressive group of big titles coming up in 2015 [FAST7, JURA4, TED2, MNION], so I have now set a target of 100. I intend to make this a million dollar fund and I hope you are all along for the ride.
Milton aka Initech