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Less than two months ago, E9 - EIX - made its debut on the Nxt Asset Exchange. Behind it was a "dream team" of top-notch veteran Nxters: Coinomat, Whale and Cassius. E9 is a multi-strategy hedge fund:


It was also July's hottest NXT AE pre-sale! (I actually had to chop off some sleep to make sure I had gotten the 2'000 EIX that are now in the HZEIX_Dedicated_Account.)

E9 pays dividends according to these terms on E9's Announcement thread:


It pays on the 1st and 15th of each month. As I know already, and as you can see by inspecting the payments to the Dedicated Account, they've been paying faithfully. Moreover, part of the profits are re-invested, giving EIX a greater intrinsic value over time.

Yes, it's pretty hard to argue with these results:


And you can hop on board the EIX train without leaving the HZ ecosystem. Just get some (more) HZ from Poloniex, withdraw it to your HZ wallet, click the "Asset Exchange" tab from the left-hand menu, click the "Add Asset" button in the top-right area of the page, enter the Asset ID number 15944296615641876995 into the pop-up form, and you'll see the tranche of HZEIX I'm offering.

Thanks to the working and well-field-tested tradebot I've coded, you'll buy units of HZEIX at a fair price calculated every hour on the hour with EIX's ask on the Nxt AE multiplied by the last-trade ratio of NXT and HZ. There's also no reason to worry about illiquidity causing huge slippage, as sometime happens on the Nxt AE. My tradebot is programmed to place an automatic buyback order for every HZEIX unit I've sold at a price no less than 95% of the ask. If you need to bail out, you can exit with less than 5% slippage. Holders of my HZMMNXTT Asset will confirm that the tradebot works as I've adverted.

So...you can invest in EIX, hop on board the choo-choo at a fair price, enjoy a buyback bid sometimes with better terms than Nxt's AE, and get all EIX's dividends - paid the 1st and the 15th of every month - passed through to you in HZ at the same fair last-trade ratio that prevails at the time I send the pass-throughs out, all without leaving the HZ ecosystem! All it takes is your HZ wallet with some HZ inside.

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HZEIX ASSET DETAILS:

NAME: HZEIX
ASSET ID NUMBER: 15944296615641876995
ISSUING ACCOUNT: NHZ-HQTK-AH8J-WWU4-ASCUX. Balance inspectable at the HZ Block Explorer.
NUMBER OF UNITS: 2'500
BACKING: Dedicated Nxt account NXT-6LY8-FEBJ-YQA9-3M4MW. Holdings of EIX identified at bottom of the block explorer page. Just look for the "Assets" tab and click it.
BENEFIT: Each unit of HZEIX is redeemable on demand for one EIX sent to the redeemer's choice of Nxt account. Dividends received by the dedicated account will be passed through in HZ at a fair last-trade NXT/HZ rate within 24 hours of the backing account receiving them. By EIX's announced schedule, it will pay on the 1st and 15th of every month; so will HZEIX. In addition, the issuer will place sell and buyback orders for HZEIX on the HZ Asset Exchange and adjust them according to market conditions as specified by the EIX orderbook in the Nxt Asset exchange. In addition, the bot will place a full buyback order for HZEIX at no more than 5% below the ask. The issuer will make a reasonable effort to keep up with the current orderbook in the Nxt AE so as to assure a reasonably fair price for HZEIX and reasonable slippage.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of HZEIX tranches, as does the same reasonable-effort proviso.

EIX paid its first dividend, according to its bimonthly schedule, since HZEIX went live. It came in two installments and both totalled up to 479.87288136 NXT. The first installment was 279.13732394; the second, 200.73555742.

https://www.mynxt.info/transaction/1326720407977751365

https://www.mynxt.info/transaction/3462882805341411530

From the last-trade numbers at Poloniex, the total dividend for HZEIX was 3500 / 52 * 479.87288136 = 32'299.2 HZ. Per unit, it worked out to 32'299.2 / 2'500 = 13.0 HZ. Here's the pay roster:


The next dividend comes at the first of next month.

EIX paid its latest, which jumped nicely from the last one. This time, the HZEIX_Dedicated_Account got 533.388101 NXT. Tx ID: 10446113067103859581

https://www.mynxt.info/transaction/10446113067103859581

From the last-trade numbers at Poloniex, the total dividend for HZEIX was 3117 / 33 * 533.388101 = 50'381.0 HZ. Per unit, it worked out to 50'381.0 / 2'500 = 20.2 HZ.. Here's the pay roster:


The next dividend comes at the first of next month.