Vahrokh Vain http://www.vahrokh.com Welcome to my lair Tue, 26 Mar 2013 17:33:07 +0000 en-US hourly 1 http://wordpress.org/?v= New EvE Online resources! http://www.vahrokh.com/2013/03/new-eve-online-resources/ http://www.vahrokh.com/2013/03/new-eve-online-resources/#comments Tue, 26 Mar 2013 17:33:07 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1876 . . . → Continue reading at New EvE Online resources!]]> Early days in EvE

EvE® logo

Vahrokh.com, after a number of hard working months, is pleased to announce the immediate availability of a number of new EvE® Online features and resources!

 

This is a non exhaustive listing of the updates applied:

 

  • Dedicated EvE® Online landing page, showing most of the EvE related resources at a glance! Hover the mouse over the “shutters” picture to reveal the contents. Menus have been updated to reflect the added amount of features.

  • A brand new section dedicated to beginner and advanced EvE traders alike! This is a “one stop shop” markets and traders section, where for the first time you may find the massive, updated and still relevant EvE content sorted in the way you like!

    - Vaerah has sifted literally hundreds of now outdated links and software for you. She has hand picked only the resources that are current as of today. Some of them are very hard to find, yet very useful.

    - The resources, links and software are sorted by learning progress: beginner articles, links and tutorials first, then intermediate and finally advanced. But it does not end here! There is also a number of resources (several of them hosted on this web site) about the most advanced and emergent game play: the “meta game”. Auditing, bonds, third party, collateral, all of this obscure stuff is covered!

    - Follows a short list of EvE “institutional web sites” that played a role in the present and in the past, then a series of other links that may be very useful to everybody, not just marketeers.

    - At the end there is a list of several EvE traders utilities and software. CCP during 2010-2012 have altered the EvE API specifications enough to break most existing applications. This list is expecially useful because is shows a selection of software that still work, plus a growing number of EvE related Vahrokh.com specific software.

  • Vahrokh.com now comes with its own forums! There are sections expecially dedicated to EvE® Online. These forums, like the rest of this web site, are mainly dedicated to markets and trading, both in Real Life and in EvE. The forums have lots of features missing in the official EvE forums: signatures, zoomable pictures, ability to post using a visual WYSIWYG or BB Code or HTML editor, tagging, sending Personal Messages and much more. The only downside (for some :twisted: ) to this, are the very restrictive Rules and Policies that basically involve an extra heavy and proactive use of the banhammer.

  • Last but not least, Vahrokh.com is now hosted on a more powerful server!

 

I sincerely hope that you will enjoy this web site as much as I have enjoyed creating it. Constructive feedback will be welcome!

Vaerah

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Markets http://www.vahrokh.com/2013/02/course-markets/ http://www.vahrokh.com/2013/02/course-markets/#comments Sun, 24 Feb 2013 06:30:39 +0000 vahrokh http://www.vahrokh.com/?p=1806 . . . → Continue reading at Markets]]>  

 

Markets: introduction

Market introMarkets are a fascinating, fundamental yet so unknown feature of ancient and modern life alike.

The first part of this chapter shows a brief general introduction to the markets, the second goes deep into the more theoretical elements that are at the foundation of the markets.

This trading course will focus a lot on currency pairs trading, also known as Forex. The reason for this is because Forex is the lowest entry barrier, cheapest financial market a perspective trader may start training with. Whereas other markets could require expensive software, market data feed fees and a minimum of several thousands dollars account, Forex may be approached with as low as $25.

 

Markets: the basics

Markets are not something complicate or abstract, they are something we live every day. Every time someone buys or even barter something, a trade happens. The place where this activity happens is called a market. The most basic market features a buyer and a seller, this scales up to thousands of buyers / sellers, to exchanges and brokerages but in the end the concept is still the same: counterparts taking one of two positions: buying (also known as “going long”) or selling (also known as “going short”).

TComplex trading platformhis course is aimed at trading a specific kind of assets, called “financial products“, also known as securities. It also covers the markets where these securities are exchanged. Securities have often used to be contracts written on paper. They are a legally binding contract between two or more parties often precisely specifying all sorts of fine details. Here is an example of a very common future contract, called e-mini S&P 500.

These days most contracts are electronically traded through high speed dedicated communication lines and Internet.

The markets may be operated with this method. Each market may be tradeded by using specific software called “trading platforms”. Those range from free solutions with basic charting capabilities and market orders entry to very expensive and complicate platforms that include very advanced orders structures.

 

Brief list of common markets

Follows a list of the most common markets and some of their characteristics.

  • Forex or currency pairs: the easiest to get into, the lowest entry barrier of all. Trading platforms often come free (expecially one called Metatrader), brokers accepts small accounts, some times as low as $25. Despite this, Forex markets are not the simplest to tackle of all due to an amount of “background trading noise” that may somewhat affect price.

  • Futures, featuring currencies, indexes, metals and many other commodities: they have higher requirements than Forex. The higher fees and the exchanges opening hours sometimes limited to the U.S.A. time zones work hours, make trading futures somewhat of a more difficult choice. Often times the brokers require a recurring payment to use their platform, they also often require to pay for the market price data feed. Sometimes they even ask a fee to give access to historic data. Often times, brokers demand several thousands of dollars to open an account. These amounts are required because of a feature called margin usually used in conjunction with another feature called “leverage“. Leverage lets traders earn more profits (or take bigger losses) by effectively multiplying their money at market. Futures come with medium and high leverage and this requires a larger buffer in their margin account.

  • Shares, stocks: these are the most classic markets. They come with very low leverage and easily require accounts outside of the grasp of a new trader. Furthermore they have commissions not seen in Forex and managing open positions in them is harder. In fact they often show a low liquidity (this means, not many traders in those markets and not much money) and thus high volatility that may kick traders out of their trade.

  • ETF, funds etcetera: those are more advanced and sometimes illiquid and deceiving markets (expecially the inverse ETFs). It’s suggested not to trade them until a good experience has been gained.

  • Options and other markets: those are advanced markets best left to those with great experience, that is not this course’s audience.

 

Further markets basics study

Before proceeding with the rest of the course, the Reader should visit the following Baby Pips web sites and complete their beginner tutorial, called “school”, all down to “graduation”. This tutorial provides a very newcomer friendly introduction to Forex, this course’s choice as marketplace due to it being fast, easy and cheap to get started into.

English The English version of the course is available at this location.

Italian The Italian version of the course is available at this location.

]]> http://www.vahrokh.com/2013/02/course-markets/feed/ 1 EvEMarketHistoryDump, an EvE markets OHLC data exporter http://www.vahrokh.com/2012/11/evemarkethistorydump/ http://www.vahrokh.com/2012/11/evemarkethistorydump/#comments Wed, 14 Nov 2012 19:31:48 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1784 . . . → Continue reading at EvEMarketHistoryDump, an EvE markets OHLC data exporter]]>  

Introduction

Due to popular request, Vahrokh Consulting is pleased to announce the immediate availability of EvEMarketHistoryDump, a free software able to create OHLC data out of the EvE client cache. Such data may be used to create professional looking market charts.

Megacyte chartThis software is the missing link between other features previously released on this website: an automated in game market data downloader and the series of tutorials about how to import and show OHLC data in a trading platform.

 

Disclaimers

The software was originally made for my personal use only. It had everything hard coded for my own convenience, installing it would involve compiling C libraries by hand and similar, no real error check was made since I could understand those cryptic messages and deal with them, no interface and so on.

Due to my time constraints I did not add a lot of “end user” features for this release either. I re-packaged it so that a “regular human being” with some computer knowledge may manage to install and run it without too much hassle but it’s still far from polished and guaranteed to work out of the box.

Zydrine chartTherefore, before installing and using this software please make sure you are ok and can deal with the following disclaimers:

  • The software follows the Unix philosophy of doing just one thing, I will not add tangent new features.
  • Every time it’s started, the software WILL delete a whole specific folder with NO prior confirmation prompt. You will have to deal with this.
  • The software is a Windows® application, tested on 32 and 64 bit Windows® 7. I don’t have the tools to port it to other platforms.
  • The software is console mode. It runs just fine (once configured) like any other application but the first runs would best be attempted from a command prompt, to see if the application is running OK.
  • The software is shipped as is. I won’t take ANY responsibility for ANY kind of disruption or damage done on any computer, for RL business damage, for ISK loss to any possible extent. For a full license blurb please see the License chapter.
  • Some Antivirus software like Avira™, expecially when set to maximum heuristics alert, might warn about a possible “TR/Crypt.XPACK.Gen” threat. That’s due to the executable being compressed. I suggest scanning the software with some proven product like Malwarebytes™ and see the result.

 

License

Creative Commons License
EvEMarketHistoryDump by Vahrokh is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

License exemptions:

Portions of this software make use of a customized version of the awesome Reverence Library. Those portions are licensed under the library’s own terms.

I will gladly authorise third party developers to use this software a part of their own applications.

]]> http://www.vahrokh.com/2012/11/evemarkethistorydump/feed/ 0 2012-10-21 [MRVAHFTIP019] Vaerah Vahrokha http://www.vahrokh.com/2012/10/investment-mrvahftip019/ http://www.vahrokh.com/2012/10/investment-mrvahftip019/#comments Sun, 21 Oct 2012 21:50:05 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1774 . . . → Continue reading at 2012-10-21 [MRVAHFTIP019] Vaerah Vahrokha]]> Vahrokh Company logo

VEMEX

 

 

 

VEMEX registered public investment.

Investment published on: 2012-10-21 18:18:00.
NEISIN code: MRVAHFTIP019.

Official discussion: link to EvE forum investment prospectus.
Public Investments Archive for this investment: backlink.
Official audit: link to N.A.
Public Audits Records for this investment’s audit: N.A.

Archived by: Vaerah Vahrokha.

 

 


 

 

  Contents

1. Introduction
2. Overview
3. Funds offering
4. VEMEX Exchange
5. Business Plan Overview
6. Management
7. Expansion and Exit Strategies
8. Investor Key Facts
9. Market Makers
10. Significant Risks
11. Reservations
12. Delegates
13. Purchase Details



1. Introduction

This document is the Initial Public Offering for Vahrokh Financial Technologies [VAHFT] series of Mutual Funds, NEISIN code MRVAHFTIP019.
VAHFT is the implementor and executor of the business ideas created by Vahrokh Consulting [VAHCO].
This document is a follow up to the original draft and material to be found at this location.

Perspective Investors are warmly encouraged reading the whole text paying attention to all the details. Due to the amount of involved facilties and prospectuses, this IPO will just refer to them as links to their official repository, located on Vahrokh.com. The prospectuses are very similar to the Vanguard(tm) RL funds ones.
For book keeping purpose, those documents will be translated into an EvE forums compatible version upon Investors request.

For general introductory texts about what funds are and how they work, please refer to this post.



2. Overview

VAHFT is about to launch a series of Mutual Funds within the Vahrokh’s EvE’s Merchantile Exchange [VEMEX]. The purpose of this IPO is to raise Investors capital to finance the initiative. VAHCO is going to be invested as well, for an amount of 10B evenly spread across the funds.
Funds are meant to be a long term investment, however Investors may choose to stay invested for as little as one month.
VAHFT opted to offer a series of multiple funds in order to cater to different Investor preferences.
The products cover a broad spectrum, from a “no brainer” simplified open end fund to more speculative funds based on Tech 2 materials.



3. Funds offering

This IPO covers five Funds: one open ended Fund and four close ended ones.
A comprehensive listing of VAHFT managed funds including the ones included in this offer is available on the VAHFT page.
A lot of discussion and explanations about the Funds has been done on the draft thread.

Easy Fund [ESYFND] is the no brainer, no-nonsense open end fund for everyone. Lowest fees, no secondary market, you just put money in and receive monthly (end of month) dividends. Like the other IPOs and unlike bonds, those dividends are variable. Due to its underlying portfolio, it is also the Fund with the smoothest (but not top) performance.
For a full description and details about the Easy Fund please refer to the official prospectus, available at this location.

Adaptive Minerals Basket [MINBSK] is the high liquidity and lowest cost closed fund for Investors who want to take advantage of being able and trade shares on an exchange. They will also receive monthly dividends. The Fund is based on an ever changing basket of minerals. For a full description about the Adaptive Minerals Basket Fund please refer to the official prospectus, available at this location.

Adaptive Ices Basket [ICEBSK] is the high liquidity and low cost closed fund for Investors who want to take advantage of being able and trade shares on an exchange. They will also receive monthly dividends. The Fund is based on an ever changing basket of ices and related materials (i.e. heavy water). For a full description about the Adaptive Ices Basket Fund please refer to the official prospectus, available at this location.

Adaptive Tech II Basket [T2BSK] is the speculative closed fund for Investors who want to take advantage of being able and trade shares on an exchange. They will also receive monthly dividends. The Fund is based on an ever changing basket of moon and advanced Tech II materials. For a full description about the Adaptive Tech II Basket Fund please refer to the official prospectus, available at this location.

Adaptive Planetary Interaction Basket [BSK] is another speculative closed fund for Investors who want to take advantage of being able and trade shares on an exchange. They will also receive monthly dividends. The Fund is based on an ever changing basket of Planetary Interaction commodities. For a full description about the Adaptive Planetary Interaction Basket Fund please refer to the official prospectus, available at this location.

 

4. VEMEX Exchange

All the Funds covered by this IPO will be traded on the Vahrokh’s EvE’s Merchantile Exchange [VEMEX].
Easy Fund Investors will have little interaction with it, in fact at IPO launch they’ll receive their shares and everything will go on autopilot until they want to redeem them (redeeming is done by “selling” on the Exchange). Perspective Easy Fund Investors who will join the Fund after the IPO launch will have to use the Exchange to purchase the shares instead.

In this first iteration, VEMEX is a traditional, teller based securities trading exchange.
There’s a quite detailed page explaining in detail how it works, possible fees and so on.

This version of VEMEX is based on a Google Spreadsheet available at this location.

Illustrated usage examples about how to use the exchange to setup orders are provided in the draft thread, at this post.

In case of difficulties, please feel free to EvE-Mail me and ask about your issue.



5. Business Plan Overview

The Funds Manager will perform a number of activities, namely:

- Invest in fully collateralized loans and bonds (Easy Fund only).
- Buy and hold and then sell the various Funds underlying commodities (long term strategy).
- Station trade the various Funds underlying commodities (short term strategy).
- Decide if and when to switch from long to short term strategy or when use a mix of the two. The short term strategy will be mostly used during downturns of the markets (see summer). As a safety precaution, lower profits will be chosen over overwork leading to burnout.
- Constantly evaluate the current baskets underlying commodities, in order to take in the better performers and out the worse performers.
- Decide one or multiple hedging strategies, including saving some of the profits made in the best seasons in order to release them during the worst ones (this makes the investment curve smoother).
- Decide how much capital to keep liquid. This is going to be expecially prevalent on the Easy Fund, because Investors may come and go as they wish and thus a certain guaranteed liquidity has to be held.



6. Management

Due to the number of tasks involved at managing the Funds, there will be a management fee, in the meausure of 7 percent on the net capital gains.
Full details about this and other aspects about the Funds are available at each Fund’s prospectus page.

After the reservation phase is over and Investors have sent their money, each of them will receive a corresponding number of shares. From now on, Easy Fund Investors have nothing else to do, while the others may either do nothing (and just take dividends) or trade their shares.



7. Expansion and Exit Strategies

In case the funds are performing very well and are close to their caps, they may be expanded.
Closed end funds will have additional shares issued and current Investors holdings will be adjusted so that their shares don’t get diluted. Notice how this is going to be a very rare event.
The Easy Fund is open ended instead, so it may potentially grow forever. It is going to be capped however, the planned total NAV across all the funds is 100B, with a forecast ability to output a 2 percent ROI.

In case the Funds have to shut down, the Management will do the possible to liquidate the underlying stock as fast as possible. This may take a while in case of low EvE activity periods of the year.



8. Investor Key Facts

- At IPO launch, the shares face value is 1M ISK. This applies to all the funds.

- Dividends will be paid monthly, possibly within the end of the first week of the month. The first dividends will be paid on December.

- Dividends will be calculated as 90 percent of the profit less the management fee. It is possible that some profits could be held to improve the “low of the year” months performance.

- VAHFT may force buyback of shares at their nominal value (in example, in case of Funds shutdown or downsizing). If possible buybacks will be notified a month in advance. Buybacks will be spread across all the Investors of the affected Fund.

- There is a grand total NAV cap currently set at 100B. The closed end Funds total NAV cap is currently set at 60B, leaving 40B for the Easy Fund. Depending on the IPO success, these caps may be altered but the 100B grand total cap is here to stay. At first, Market Makers will be limited to 40B (of the closed end Funds, the only available to them).

- All the IPO launch shares incur in no fee whatsoever and they will not need to do anything on the exchange at all. Only post launch activities will and usually only in case of sales.

- Easy Fund Investors may simply redeem their shares, they don’t have a secondary market. They may also trade their shares out of the exchange but then they will have to notify VAHFT about that, otherwise the old shareholder will still receive the dividends. In case of private trading, the former share holder is meant to give a pro-rated dividend to the new share holder. In no circumstance VAHFT or VEMEX will disburse missing dividends.

- Closed end Fund Investors may not just redeem shares. Like for stocks trading, they have to find a buyer on the exchange. VAHFT provides a “bailout” emergency mechanism so that even closed end Fund Investors may directly sell their shares back to VAHFT itself, but with a fixed penalty of 8 percent. Added to the exchange fee, this easily becomes 10 percent.

- The ability to short sell is only available to closed end Funds. VAHFT may decide at their sole discretion to stop accepting short sell orders (they require additional liquidity).

- Only the current owner of a share receives the full dividend. Therefore it’s advised to sell shares near the end of the month. This includes Easy Fund Investors who want to redeem their shares.

- In case of large redeeming operations, VAHFT reserve the undisputable right to partially liquidate Investors ASAP and the remaining part as stock is liquidated. This issue will be greatly reduced in case the Investor contacts the Management (Vaerah Vahrokha, please always use EvE Mail so to have written records) in advance. Two weeks would be the optimum.



9. Market Makers

Only at IPO launch and at expansions, large Investors may choose to be a Market Maker. Market Makers have unique features and limitations:

- They will only pay 96 percent of face value, that is 0.96M per share. This is a potential 400M profit – fees just by flipping those shares on the secondary market.

- They must tell about their will to be Market Maker at reservation phase and no later.

- They only belong to the closed end funds, since there’s no market to make in the Easy Fund.

- Minimum shares block: 10B in the preferred fund(s). It’s possible to spread those 10B across multiple close ended funds.

- They cannot emergency redeem shares for 3 months. They have to tell Vaerah Vahrokha about their intention to bail out well in advance, since taking away their large investment will cause liquidity issues on the Fund(s).



10. Significant Risks

No investment is without risks. Please don’t invest more than you may affort do lose. Past performance is not indicative of future results.

A list of potential investment risks is provided at the end of each Fund Prospectus.

Besides the above list, there are others:

- Risk of scam. The Fund Manager strives to be as honest as humanly possible. Trust is earned, not given. The Fund Manager knows it and accepts Investors may have their doubts.

- Risk of injury: in case of non disabling disease / sickness / trauma, the The Fund Manager will try resume the Funds operation ASAP.

- External causes: in case of debilitating technical issues or any kind of game stopping issues, The Fund Manager will try resume the Funds operation ASAP.

- Risk of death: this IPO is an extremely complex project. I don’t know anybody in RL who could take over or even who could manage how to liquidate everything. Therefore in case of death the invested money will be probably lost or partially lost.



11. Reservations

As anticipated in another post, no shares reservations will be accepted before a post of mine will state that the reservations are open. Such post should appear at 2012-10-21 9pm EvE time.

Reservations will work on a first come, first served basis up to the stated caps. Investors indicating their interest past those caps have been reached have still chances. In fact if some Investor will not send ISK within 3 days after the reservations are over or if a cap is modified then they’ll be the next in line.



12. Delegations

It’s possible to name a Delegate to reserve your shares in your place. This is expecially useful in case you cannot participate to the reservations. Both the Delegate and the Investor have to post about their intention. During the reservations, the Delegate will have to specify the exact portfolio else his reservation will be void.



13. Purchase Details

The IPO will work as follows:

1) A specific message posted as described at chapter 11. Reservations will begin the reservation phase.

2) Once the reservation phase is over (might take some days) a second message will state how the reservations are over. However. if the Funds are still not capped, perspective Investors will still be able to place reservations.
The message is only to remind everybody that there are 3 (three) days left to send ISK.
After those 3 days, their reservation will automatically be void and whever wants in will be free to invest in their place.




Please feel free to ask for any clarification. Most of the answers are probably covered by the draft discussion thread.

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2012-10-21 [MRVAHFTCF054] Vahrokh Financial Technologies [VAHFT] http://www.vahrokh.com/2012/10/prospectus-mrvahftcf054-vahrokh-financial-technologies-vahft/ http://www.vahrokh.com/2012/10/prospectus-mrvahftcf054-vahrokh-financial-technologies-vahft/#comments Sun, 21 Oct 2012 15:03:24 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1768 . . . → Continue reading at 2012-10-21 [MRVAHFTCF054] Vahrokh Financial Technologies [VAHFT]]]>  

Vahrokh Company logo

VEMEX

 

 

 

VEMEX registered public investment.

Investment published on: 2012-10-16 15:00:00.
Investment name: Adaptive Planetary Interaction Basket Fund.
NEISIN code: MRVAHFTCF054.

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: Closed end mutual fund.

Issued by: Vahrokh Financial Technologies [VAHFT].
Managed by: Vahrokh Financial Technologies [VAHFT].
Publicly listed on: Vahrokh’s EvE Merchantile Exchange [VEMEX], as symbol PIBSK.

Archived by: Vaerah Vahrokha.

  


   

MRVAHFTCF054 Adaptive Planetary Interaction Basket Fund

 

Abudman X – Moon 10 – Urban Management Bureau Office

Establishment of Mutual Closed 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 Closed End Fund (herein after referred to as “Adaptive Planetary Interaction Basket Fund”, NEISIN code MRVAHFTCF054).

 

Investment Objective:

The purpose of the Adaptive Planetary Interaction Basket 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.

 

Shareholder Fees

(Fees paid directly from your investment)

Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sale Charge (Deferred Load) Imposed on Sales 3%
Sales Charge (Load) Imposed on Reinvested Dividends  N/A
Redemption Fee 8%
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%
Distribution Fee None
Other Expenses None
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 one adaptive commodities basket. 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 basket for this Fund is a Planetary Interaction commodities basket.

 

Primary Risks

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.

 

Investment Advisor

Vahrokh Financial Technologies, Inc.


Portfolio Manager

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. Please notice how redeeming shares is not meant to be the regular way to liquidate them in a closed end Fund and by doing so you will be subject to the Redemption Fee. This is an Exchanged Traded Fund and as such the intended way to acquire or sell shares is the exchange itself. Use the Redemption Fee only as a last resort way of disposing of shares.

 

Payments to Financial Intermediaries

The Fund and its investment advisor do not pay financial intermediaries for sales of Fund shares.

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2012-10-21 [MRVAHFTCF047] Vahrokh Financial Technologies [VAHFT] http://www.vahrokh.com/2012/10/prospectus-mrvahftcf047-vahrokh-financial-technologies-vahft/ http://www.vahrokh.com/2012/10/prospectus-mrvahftcf047-vahrokh-financial-technologies-vahft/#comments Sun, 21 Oct 2012 14:46:37 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1763 . . . → Continue reading at 2012-10-21 [MRVAHFTCF047] Vahrokh Financial Technologies [VAHFT]]]>  

Vahrokh Company logo

VEMEX

 

 

 

VEMEX registered public investment.

Investment published on: 2012-10-16 14:42:00.
Investment name: Adaptive Tech 2 Basket Fund.
NEISIN code: MRVAHFTCF047.

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: Closed end mutual fund.

Issued by: Vahrokh Financial Technologies [VAHFT].
Managed by: Vahrokh Financial Technologies [VAHFT].
Publicly listed on: Vahrokh’s EvE Merchantile Exchange [VEMEX], as symbol T2BSK.

Archived by: Vaerah Vahrokha.

  


   

MRVAHFTCF047 Adaptive Tech 2 Basket Fund

 

Abudman X – Moon 10 – Urban Management Bureau Office

Establishment of Mutual Closed 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 Closed End Fund (herein after referred to as “Adaptive Tech 2 Basket Fund”, NEISIN code MRVAHFTCF047).

 

Investment Objective:

The purpose of the Adaptive Tech 2 Basket 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.

 

Shareholder Fees

(Fees paid directly from your investment)

Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sale Charge (Deferred Load) Imposed on Sales 3%
Sales Charge (Load) Imposed on Reinvested Dividends  N/A
Redemption Fee 8%
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%
Distribution Fee None
Other Expenses None
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 one adaptive commodities basket. 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 basket for this Fund is a Tech 2 materials and advanced materials basket.

 

Primary Risks

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.

 

Investment Advisor

Vahrokh Financial Technologies, Inc.


Portfolio Manager

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. Please notice how redeeming shares is not meant to be the regular way to liquidate them in a closed end Fund and by doing so you will be subject to the Redemption Fee. This is an Exchanged Traded Fund and as such the intended way to acquire or sell shares is the exchange itself. Use the Redemption Fee only as a last resort way of disposing of shares.

 

Payments to Financial Intermediaries

The Fund and its investment advisor do not pay financial intermediaries for sales of Fund shares.

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2012-10-21 [MRVAHFTCF039] Vahrokh Financial Technologies [VAHFT] http://www.vahrokh.com/2012/10/prospectus-mrvahftcf039-vahrokh-financial-technologies-vahft/ http://www.vahrokh.com/2012/10/prospectus-mrvahftcf039-vahrokh-financial-technologies-vahft/#comments Sun, 21 Oct 2012 14:34:56 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1758 . . . → Continue reading at 2012-10-21 [MRVAHFTCF039] Vahrokh Financial Technologies [VAHFT]]]>  

Vahrokh Company logo

VEMEX

 

 

 

VEMEX registered public investment.

Investment published on: 2012-10-16 13:30:00.
Investment name: Adaptive Ices Basket Fund.
NEISIN code: MRVAHFTCF039.

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: Closed end mutual fund.

Issued by: Vahrokh Financial Technologies [VAHFT].
Managed by: Vahrokh Financial Technologies [VAHFT].
Publicly listed on: Vahrokh’s EvE Merchantile Exchange [VEMEX], as symbol ICEBSK.

Archived by: Vaerah Vahrokha.

  


   

MRVAHFTCF039 Adaptive Ices Basket Fund

 

Abudman X – Moon 10 – Urban Management Bureau Office

Establishment of Mutual Closed 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 Closed End Fund (herein after referred to as “Adaptive Ices Basket Fund”, NEISIN code MRVAHFTCF039).

 

Investment Objective:

The purpose of the Adaptive Ices Basket 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.

 

Shareholder Fees

(Fees paid directly from your investment)

Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sale Charge (Deferred Load) Imposed on Sales 2%
Sales Charge (Load) Imposed on Reinvested Dividends  N/A
Redemption Fee 8%
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%
Distribution Fee None
Other Expenses None
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 one adaptive commodities basket. 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 basket for this Fund is an ices and ices related commodities (heavy water etc.) basket.

 

Primary Risks

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.

 

Investment Advisor

Vahrokh Financial Technologies, Inc.


Portfolio Manager

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. Please notice how redeeming shares is not meant to be the regular way to liquidate them in a closed end Fund and by doing so you will be subject to the Redemption Fee. This is an Exchanged Traded Fund and as such the intended way to acquire or sell shares is the exchange itself. Use the Redemption Fee only as a last resort way of disposing of shares.

 

Payments to Financial Intermediaries

The Fund and its investment advisor do not pay financial intermediaries for sales of Fund shares.

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2012-10-21 [MRVAHFTCF021] Vahrokh Financial Technologies [VAHFT] http://www.vahrokh.com/2012/10/prospectus-mrvahftcf021-vahrokh-financial-technologies-vahft/ http://www.vahrokh.com/2012/10/prospectus-mrvahftcf021-vahrokh-financial-technologies-vahft/#comments Sun, 21 Oct 2012 13:31:11 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1752 . . . → Continue reading at 2012-10-21 [MRVAHFTCF021] Vahrokh Financial Technologies [VAHFT]]]>  

Vahrokh Company logo

VEMEX

 

 

 

VEMEX registered public investment.

Investment published on: 2012-10-16 13:06:00.
Investment name: Adaptive Minerals Basket Fund.
NEISIN code: MRVAHFTCF021.

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: Closed end mutual fund.

Issued by: Vahrokh Financial Technologies [VAHFT].
Managed by: Vahrokh Financial Technologies [VAHFT].
Publicly listed on: Vahrokh’s EvE Merchantile Exchange [VEMEX], as symbol MINBSK.

Archived by: Vaerah Vahrokha.

  


   

MRVAHFTCF021 Adaptive Minerals Basket Fund

 

Abudman X – Moon 10 – Urban Management Bureau Office

Establishment of Mutual Closed 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 Closed End Fund (herein after referred to as “Adaptive Minerals Basket Fund”, NEISIN code MRVAHFTCF021).

 

Investment Objective:

The purpose of the Adaptive Minerals Basket 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.

 

Shareholder Fees

(Fees paid directly from your investment)

Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sale Charge (Deferred Load) Imposed on Sales 1%
Sales Charge (Load) Imposed on Reinvested Dividends  N/A
Redemption Fee 8%
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%
Distribution Fee None
Other Expenses None
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 one adaptive commodities basket. 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 basket for this Fund is a minerals basket.

 

Primary Risks

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.

 

Investment Advisor

Vahrokh Financial Technologies, Inc.


Portfolio Manager

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. Please notice how redeeming shares is not meant to be the regular way to liquidate them in a closed end Fund and by doing so you will be subject to the Redemption Fee. This is an Exchanged Traded Fund and as such the intended way to acquire or sell shares is the exchange itself. Use the Redemption Fee only as a last resort way of disposing of shares.

 

Payments to Financial Intermediaries

The Fund and its investment advisor do not pay financial intermediaries for sales of Fund shares.

]]>
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2012-10-21 [MRVAHFTMF012] Vahrokh Financial Technologies [VAHFT] http://www.vahrokh.com/2012/10/prospectus-mrvahftmf012-vahrokh-financial-technologies-vahft/ http://www.vahrokh.com/2012/10/prospectus-mrvahftmf012-vahrokh-financial-technologies-vahft/#comments Sun, 21 Oct 2012 10:25:31 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1733 . . . → Continue reading at 2012-10-21 [MRVAHFTMF012] Vahrokh Financial Technologies [VAHFT]]]>  

Vahrokh Company logo

VEMEX

 

 

 

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.

Issued by: Vahrokh Financial Technologies [VAHFT].
Managed by: Vahrokh Financial Technologies [VAHFT].
Publicly listed on: Vahrokh’s EvE Merchantile Exchange [VEMEX], as symbol ESYFND.

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).

 

Investment Objective:

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.

 

Shareholder Fees

(Fees paid directly from your investment)

Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sales Charge (Load) Imposed on Reinvested Dividends  N/A
Redemption Fee 1%
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%
Distribution Fee None
Other Expenses None
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.

 

Primary Risks

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.

 

Investment Advisor

Vahrokh Financial Technologies, Inc.


Portfolio Manager

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.

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Audit for Vadane Deninard’s investment GFDENINIP011 added http://www.vahrokh.com/2012/10/audit-gfdeninip011/ http://www.vahrokh.com/2012/10/audit-gfdeninip011/#comments Mon, 01 Oct 2012 09:01:37 +0000 Vaerah Vahrokha http://www.vahrokh.com/?p=1723 . . . → Continue reading at Audit for Vadane Deninard’s investment GFDENINIP011 added]]> For public disclosure, sensible data have been anonymized or removed.

YC114-10-01

Vahrokh Consulting [VAHCO] is pleased to announce the public availability of the auditing records regarding investment GFDENINIP011.

The material is available at this location.

 

Vaerah Vahrokha, CEO
Vahrokh Consulting

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