Managed Funds The unofficial Navra performance tracking thread 2

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Not quite sure how these warrants work but as per Peter Spann's advice, Navra is advocating swapping margin loans for warrants to avoid margin calls. Possible downsides would be maximum LVR is 60% so if your current LVR is higher, when you sell your units (and pay down your margin loan) and then buy back in using the 60% LVR warrants, you will end up with less units than you started with (but on the plus side no margin call to worry about if the market conitnues to fall)

 

OK .. I get it.

What interest rates apply to warrants ?

 

and how to structure the loan and portfolio?.

 

Hi Here to Learn and Artgul,

The interest rate is specific to the actual warrant you buy, you'll need to check this on the individual warrant you want to buy.

The product provider structures the product (hence the name, structured products). Have a quick read of Macquarie Warrants - Learn more about Warrants and Structured Products it doesn't go into alot of detail but it's a start.

Cheers,

Dan

PS Before making an investment decision speak to your FPA registered Financial Planner.

 

Looks like the unit price dropped to .9237c on Tuesday (22nd)!

Welcome to NavraInvest Limited - Funds Management

 

What site are you using to check unit price. I check via my Margin Loan and it's always at least 2 days behind. Navra site ?

 

would've liked to have picked some up at that price OLI

 

Bloody oath! I'm waiting for some funds to clear so I can get in again. Spewing I wasn't able to get it done a week or two ago.

Mark

 

Can you have Funds on Stand By for times it drops to Bargain levels, due to the time taken to usually process?

How fast can they do this Mark if you want to buy in below a certain point?

 

Tell me about it! I sent the paperwork in to BT Margin Lending on the 10th January to make an additional investment in the retail fund. When I called yesterday for an update they said they were expecting the paperwork back from Navra 'any day now'. It's ridiculous the amount of time it takes so it must be near impossible to time your entry/exit prices?

Although it was only a small re-investment I was making the delay might actually work to my advantage this time. I'm hoping they didn't process my application until this week, preferably on Tuesday.

 

Hi Redwing,

Do you mean is it possible to send money to NavraInvest and ask them to hold it for you until such time as you want to invest it? If so, I don't know. You'd have to ask them. I imagine it would be a logistical nightmare for them if they did offer it though.

Mark

 

You would be better off going into an ETF if you are confident of timing the market like this - your returns would be a lot better.
Say navra purchase a share as it dropped at $10, $8, and current level of $6. You think timing is good now. You could buy in to navra who have average cost base of $8 (even if they did process immediately), or buy in yourself and get cost base of $6.
(hugely oversimplified but the concept is sound i think)

 

I like oversimplified Chris

Have been busy with Direct Shares and SMSF myself of late with the Market going up and down like a *****'s drawers, not looking to be a day trader though so am rejigging as well as opportunities arise, I like/need it nice and simple

I'm still ok with my Navra holdings as well as they keep my IP Buffer in a happy place

 

And that is the best reason for Navra in my opinion, at that task it does very very well!

 

Hi all,

Just wondering if anyone knows where you find a free online 'ticker' for the Australian Sydney Share Price Index 200 (aka the 'SPI 200')?

Regards,
Mark Leo.

 

IG Markets - CFDs, forex, indices

The Australia 200 cash is their equivalent which is close enough and really live last time I checked, you can use future source for delayed data (15m) if more accuracy is needed.

 

Mark. I would have thought you would know since you work for Navra? Have you recently left?

 

Buying in again ?

Hi guys

Not to start a Hatfield vs McCoy's, but what is the concensus on buying a lump of NI Units about now ? (I always said I would jump in big time if it ever hit $1 again, before I realised the market conditions and uncertainty necessary to make it do that ! )

If I understand correctly, the fund has been buying stuff on its way down but now run out of cash to keep doing that. So the gains will come when and if the stocks in the portfolio return to their more 'rightful' position. In the meantime I could be buying into something that is treading water or which might even lose ground.

The NI Fund has been great to us, but through good luck on our part (and no doubt a measure of good management from NI) but critics (or maybe just more worldly!) point out that was in a spectacular market (and not the very volatile market NavTrade is meant to thrive on).

As you can see I still only have a novice view of the sharemarket, and one thing I appreciate about NI is the 'management' applied that I'd never want to take on. The other thing I like about it is the relatively conservative nature and suitablility to property freaks. The biggest bonus for me though is the income focus because my serviceability is at a bit of 'smoke and mirrors' stage for the banks Turning some equity into income now would help me a lot.

I definitely do not want to take a risk on direct shares, I'm not diligent enough to keep tabs. I see Coop's point about the cost base $6 vs $8 etc., makes a lot of sense, partic. if you know what you're doing, but I know nothing about ETF's (after getting as far as realising they are Exhange Traded Funds, my thirst for knowledge was overcome by PDF's and prospectuses (!) ... are there ETF's with a similar focus on blue chips with the same sort of filters Navra applies / can I compare their historical peformance to NI?)

Anyone have an opinion - NI or something else ? (if that something else suits dummies)

Cheers all
Carl

 

I work for Navra Financial Services, not NavraInvest. I'm not aware of their policy on this particular situation and don't really feel comfortable speaking on their behalf.

Mark