HSX Forum

Playing & Trading Strategy

It's a separate account - you start with H$20M

Posted by: srrichardson on Mar 22, 00:59 in response to aleksthegreat's post Question. How much are you given to manage the Fund? It's...

The price of the fund reflects the value of the fund's portfolio, e.g a fund portfolio value of 30 million has a price of H$30.00

For SciFi fund... aleksthegreat Mar 20, 10:06

2 posts in one srrichardson Mar 20, 13:16

can you elaborate on the only using 10-20% of the stocks part please...This is interesting insight...Thnx! {nm} aleksthegreat Mar 20, 13:29

It's down to the criteria of the fund... srrichardson Mar 20, 13:43

Good post. Running a studio fund is much more challenging than I expected due to the limited number of options... Universal 100 Fund Mar 20, 13:39

THIS is why i wont take on the task of restarting the horror fund. it requires someone who knows what their doing {nm} horrorfanatic Mar 20, 14:48

But you learn by doing - I lost 2m in my first week! {nm} srrichardson Mar 20, 16:42

Thanks srrichardson as the previous mananager. I have something to add. SCIFund Mar 20, 17:49

Fund managers are HEROs in my book :) {nm} Chateau_du_Mal_Voisin Mar 20, 19:13

It's not all doom and gloom though :-) srrichardson Mar 20, 22:57

It is tough to get to get started though. I've been told (and am experiencing) that very long wait times can happen when a Fund is proposed. Willroast Mar 21, 00:41

You might not get a response if Antibody doesn't like your idea srrichardson Mar 21, 01:07

Thanks for the input. I've had an idea shot down before for gimicky reasons but I think my recent one doesn't fall into that area... Willroast Mar 21, 01:24

( when I say "gimmicky reasons" I mean that my idea may have been gimmicky, not the reasons for it being shot down. Willroast Mar 21, 01:27

I heard back on OPENRFUND within a month or two. Not really that long a wait {nm} Steved1998 Mar 21, 07:21

That is true, It is certainly not gloom and doom either. I enjoy it very much. {nm} EarlyRetirement Mar 21, 05:24

I think I would be a disciplined+shrewd Fund Manager+when the time comes I will make a Proposal I have in mind 2 the almighty AnitBody! {nm} aleksthegreat Mar 21, 09:15

Question. How much are you given to manage the Fund? It's separate from your own PORT $$$ account? {nm} aleksthegreat Mar 21, 17:19

It's a separate account - you start with H$20M srrichardson Mar 22, 00:59

Thanks - So all fund start @ $20 dollars... {nm} aleksthegreat Mar 22, 09:02

Studio funds start at 10M but run for a year, regular funds start at 20M and delist at 100m - no time limit {nm} srrichardson Mar 22, 09:47





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