The Fund Profit Sharing will be postponed to 20th May.
For a fine tuning of the Fund this delay from the previous date was needed.
Over the next few days the blog messages will be updated for this new date.
The Fund is near from the profit line… The NAV is at the moment -2%
Another NAV update, and this time for good.
Markets are doing good and lets hope that they get back on track.
As you can see, PGI has a new design. Hope you like it.
The message board is not being updated every week BUT but the NAV status is.
Until next post… keep safe on investments.
It was decided among the actual Participation Unit Holders to increase the amount kept by the Fund for an effective and faster growth.
Starting on 01-01-2009 the revenue will be:
5% – Fund Manager fee
45% – Profit kept by the Fund
50% – Profit distributed among PU Holders
Due to the recent Madoff case, its needed to post again some information.
PG Invest Fund is not an Pyramidal Scheme Fund. As already posted PGI do not use new investors money to pay older ones.
No yield is Guaranteed. PGI will split 50% of the revenues among the Participation Unit Holders.
New investments will be supported from the gain on trades and from the dividend paid from the stocks brought.
To avoid spam, and hotmail account ( pginvest @ hotmail . com ) was created so anyone can send information requests or contact directly the Fund. This mail is checked at least once a day.
To clarify, this is a Portuguese Fund and anyone (Portuguese and Foreign) can invest on it. For NIB or IBAN request please send that request using the Fund mail.
The NAV is being updated…
Just to announce that PG Invest Fund is fully open!
In the next few days the status will be updated. Some bank transfers are on the way and they took longer due to weekend and Portuguese Independence Day holiday.
In 3 days, IPO will end and 1150 euros left to reach the 10000 euros target. Just 10% left.
