Managed Funds 06/07 distribuition details

Discussion in 'Shares & Funds' started by hillsguy, 22nd Dec, 2006.

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  1. hillsguy

    hillsguy Well-Known Member

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    hillsguy, 22nd Dec, 2006
    #1
  2. TwoDogs

    TwoDogs Well-Known Member

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    Well it's only been one full quarter so far, but maybe those results aren't really worth publishing :rolleyes:
     
    TwoDogs, 22nd Dec, 2006
    #2
  3. Glebe

    Glebe Well-Known Member

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    Companies should be prepared to stand by their numbers, not just show them when they look good. It isn't a good look being selective.
     
    Glebe, 22nd Dec, 2006
    #3
  4. Simon Hampel

    Simon Hampel Founder Staff Member

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    I suspect that they are a little behind with site updates. They are very busy at the moment and Teresa has been really busy preparing to hand over to her replacement while she is on leave for the last month or so.

    Perhaps you should contact NavraInvest and ask them to update the details on their website ?
     
    Simon Hampel, 22nd Dec, 2006
    #4
  5. Glebe

    Glebe Well-Known Member

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    Sim

    I suspect Here_To_Learn isn't particularly fussed whether they appear or not, but is curious as to the reason why they don't.

    He could have directly contacted Navrainvest, but where's the fun in that? :)
     
    Glebe, 23rd Dec, 2006
    #5
  6. Simon Hampel

    Simon Hampel Founder Staff Member

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    How to use this site:
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    FWIW - I agree that the information should be displayed on the site and updated in a timely manner. I consider easy access to information like this to be extremely important.
     
    Simon Hampel, 23rd Dec, 2006
    #6
  7. hillsguy

    hillsguy Well-Known Member

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    It would help so much if a Navra representative could participate in some of the discussions here. I know this topic has been debated at length so best to stay clear.

    Sim - can I ask if Steve still has a commercial stake in Invested ?
     
    hillsguy, 23rd Dec, 2006
    #7
  8. Simon Hampel

    Simon Hampel Founder Staff Member

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    I did bring it up at the AGM about NavraInvest contributing online - but they explained that they simply didn't have the time or resources to spend at the moment - they are a very small operation trying to keep costs under control while they ramp up to a profitable status.

    I will keep asking them to contribute - I think it is a valuable and worthwhile effort to make. Either way, hopefully once they are more profitable and can afford a dedicated marketing resource (at the moment it's pretty much just Steve doing marketing) - then they will be in a position to contribute more to forums such as ours.
     
    Simon Hampel, 23rd Dec, 2006
    #8
  9. Davidr__

    Davidr__ Member

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    Similarly, there has been no quarterly update for the last two (soon to be three) quarters.

    It has been stated several times that everyone is busy there. It is a shame though that the only real medium they offer as information to the fund and company is not kept up to date.

    It makes one wonder if the the 'current' shares is up to date?

    When I am doing DD, I tend to place a black mark against the company when their public presence is less than spot on.

    Edit: FWIW, Isn't the Distributions raised by the OP an annual event rather than a cumulative? I.e. the 06/07 distribution will get added after June next year. The year to date distribution is on the Fund Perfomance page.
     
    Last edited by a moderator: 24th Dec, 2006
    Davidr__, 24th Dec, 2006
    #9
  10. Simon Hampel

    Simon Hampel Founder Staff Member

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    I'd still like to see a quarter-by-quarter break down of the cents-per-unit distribution in addition to that cumulative total on the Fund Performance page.

    I must say that there are some other, much much larger fund managers who don't supply this data on their websites either - there is no historical data provided beyond raw unit prices.
     
    Simon Hampel, 24th Dec, 2006
    #10
  11. Davidr__

    Davidr__ Member

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    Agreed, however information that is provided should be kept up to date. It is better to not have it at all rather than have some and then obviously have not kept it up to date (eg quarterly report).

    Merry Christmas to all.....
     
    Davidr__, 25th Dec, 2006
    #11