VEMEX registered public investment.
Investment published on: 2012-10-16 13:06:00.
Investment name: Easy Fund.
NEISIN code: MRVAHFTMF012.
Official discussion: link to EvE forum investment prospectus.
Public Investments Archive for this investment: backlink.
Official audit: N.A.
Public Audits Records for this investment’s audit: N.A.
Type: Open end mutual fund.
Archived by: Vaerah Vahrokha.
MRVAHFTMF012 Easy Fund
Abudman X – Moon 10 – Urban Management Bureau Office
Establishment of Mutual Open End Fund
on the 21st October YC 114
On the 21st October YC 114, Vahrokh Financial Technologies [VAHFT] (herein after referred to as “VAHFT”) in conjunction with Vahrokh Consulting [VAHCO] (herein after referred to as “VAHCO”) and in collaboration with Vahrokh’s EvE Mercantile Exchange [VEMEX] is forming a Mutual Open End Fund (herein after referred to as “Easy Fund”, NEISIN code MRVAHFTMF012).
The purpose of the Easy Fund is to is to produce income and to provide an opportunity for growth of principal consistent with sound common stock and commodities investing.
Fees and Expenses
The following table describes the fees and expenses you may pay if you buy and hold Investor Shares of the Fund.
(Fees paid directly from your investment)
|Sales Charge (Load) Imposed on Purchases||None|
|Sales Charge (Load) Imposed on Reinvested Dividends||N/A|
|Account Service Fee||None|
Monthly Fund Operating Expenses
(Expenses that you pay each month as a percentage of the value of your investment)
|Management Expenses (*)||7%|
|Total Monthly Fund Operating Expenses||None|
(*) These are calculated on the invested shares net gain, not on the whole value of the investment).
Shares trading expenses
(Expenses that you pay each trade as a percentage of the value of each traded share)
These expenses are imposed by the exchange the shares are traded on. For VEMEX fees please refer to the VEMEX fees listing.
Primary Investment Strategies
The Fund employs an investment strategy based on finding profitable plusvalence opportunities across adaptive commodities baskets and fully collateralized investments. An adaptive commodity basket is a constantly monitored related group of commodities. The most performing commodities are acquired into the Fund, the least performing commodities are released.
The monitored baskets are: a minerals basket, an ices related commodities basket, a Tech II materials basket and a Planetary Interaction materials basket.
The fund will also invest in fully collateralized third party investments, with a preference for loans and bonds. The criteria for collateral evaluation that will be used are available at this page.
An investment in the Fund could lose money over short or even long periods. You should expect the Fund’s share price and total return to fluctuate within a wide range, like the fluctuations of the overall bond and commodities markets. The Fund’s performance could be hurt by:
- Sampling risk: sudden anticyclic performance affecting multiple of the commodities held or traded in the Fund’s baskets.
- Credit risk: multiple delays in underlying third party loans and bonds.
- Sensible drop in EvE’s population.
- Fund Management errors, health issues.
- Technical issues, including unforeseen prolonged connectivity issues.
Monthly total returns
The fund has just been issued, there is no past performance history.
Vahrokh Financial Technologies, Inc.
Vaerah Vahrokha, President of Vahrokh Financial Technologies and head of Vahrokh Financial Technologies’ Fund Group.
Purchase and Sale of Fund Shares
You may purchase or redeem shares online through the VEMEX exchange or by EvE-mail addressed to VEMEX.
Payments to Financial Intermediaries
The Fund and its investment advisor do not pay financial intermediaries for sales of Fund shares.