Yet Another Bitcoin Investment FundIPO Live 1 BTC per shareThe purpose of this fund is to provide a method for people to securely and easily invest in GLBSE stocks. Our goal is to take as much of the risk out of investing as possible by investing companies that are verified, have plausible business models, and good rates of return. The target rate of this fund is 2 percent per week. We aim to have a diversified portfolio with at least 90% capital deployment at any time.
My contract with you the investor.Net asset value will be disclosed at least once per month. This will be presented as a balance sheet with a breakdown by sector.
There will be no under the table deals. All shares will be issued on the open market with a maximum of a 2% discount to spot price, NAV, or 5 day average.
I will hold a large majority of my own money in this fund. I will also be taking a management fee of 3%. Dividends will be disbursed when no deals are on the market, or when shares are being offered.
No information that could lead to insider trading will be disclosed to anyone. As most of my capital will be in the fund, almost all insider trading risk will be severely limited.
A 67% approval on a motion is necessary to proceed with a wind down of assets. In the event that I can no longer continue as fund manager, assets will be disbursed according to share ownership.
Why Invest with me?- Let me do the hard work
- Focus on safe stocks
- Transparent Operations
- Good returns
- Uncapped Returns
- Low Fees
- No off-market share sales
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