[ANN] BitTrader, actively managed fund (Asset ID: 16433930538463735702)

[BitTraderNXT]

BitTrader is an asset that is designed to pay monthly dividends on profit generated through market making, lending, and private investments.

BitTrader currently accepts contributions in NXT or BTC. Minimum BTC contribution is 0.05 BTC, and will remove equivalent value of NXT shares from the NXT asset exchange.

BTC Address:
14s2ZBuZ7xDfHVcgBEmNSvKmZMeYPwWPbi

NXT Information:
100,000,000 total supply
20,000,000 initially offered
0.1 NXT per unit
Asset ID: 16433930538463735702

Management fee: 20% of profit generated. The fund has a hurdle rate of 0.6% monthly (this means in order for the fee to be collected, the fund must grow at least 0.6% per period).

If you have any questions/concerns about legitimacy please do not hesitate to PM.

[BitTraderNXT]

First investment was received for 0.15 BTC. I am also contributing 0.50BTC of my own funds, meaning the pool size is currently at 0.65 BTC.

Thank you.

[BitTraderNXT]

Changed payout structure to monthly instead of bi-weekly. I invested an additional 0.5 of my own, the pool size is now 1.15 BTC.

Current assets:
>105k shares CBTC
0.4 BTC poloniex
0.14 BTC moneypot

[BitTraderNXT]

Due to lack of interest, I've decided to close the fund.