Join our investing community

$150 million funds under management

Discussion in 'Managed Funds & Index Funds' started by Glebe, 21st Aug, 2006.

  1. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    Hey,

    Just noticed that Navrainvest has hit funds under management (FUM) of $149.26 million.

    I hate uneven numbers so if Nigel or Sim could throw Navrainvest $774k that'd be appreciated ;)

    How long has Navrainvest's funds been established for? The growth in FUM must be close to $1 million a week?
     
  2. TryHard

    TryHard Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    863
    Actually could Nigel and Sim throw in $794K because I need to redeem $20K to pay our tiler and floor bloke this week :( I would hate to be the one responsible for not making the $150M ;-)
     
  3. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    Well, I have a decent amount coming in hopefully this week from a loan refinance that's about to settle, but A) it's a bit less than you're asking for, and B) it's not going into NI :eek:

    I have faith in the market carrying the FUM higher in due course though.
     
  4. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    Hey Tryhard got any photos of your boxer?
     
  5. TryHard

    TryHard Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    863
  6. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    Geez they're adorable!

    We decided not to get a boxer in the end because we have low fences, so we bought an Aussie Bulldog who is pretty adorable herself.

    I think of her as my mini-boxer ;)
     
  7. TryHard

    TryHard Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    863
    Yeah well I didn't want to say, but I * thought * you were mad thinking of a boxer. Yet another good choice I reckon Glebe ;-) God I hope my 2 don't read this :(
     
  8. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
  9. TryHard

    TryHard Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    863
    Oh god now I can NEVER let the missus on this site or we'll end up with the boxers AND an Aussie bulldog - she's beautiful ! (your baby, not my missus ;-) )

    This is not really on your original topic is it ?

    Mind you, if I didn't have 2 boxers, I reckon NI would be just that bit closer to $150M FUM :)

    You're right about the love of the boxers. They've been a bit left out recently and just tonight both decided they had to join my wife and I, each on our own lounge chair. Once one was on our respective laps, they'd look jealously at the other, then swap in a weird mid air baton change. This happened about 6 times till the big boy slipped between the chairs. It was quite good fun feeling 'loved' - but he's nearly 40 kg, much more intrusive than her dainty 25 kg :) We couldn't defend ourselves from the many 'liverpool kisses' because we were laughing too much ...

    :D
     
  10. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    There you go. As at yesterday FUM are 151.58 million :D
     
  11. TakeStock

    TakeStock Well-Known Member

    Joined:
    14th Aug, 2005
    Posts:
    140
    Location:
    Sydney
    Yea, thought I'd kick in a little petty cash to pop it over the 150m mark!:D