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Update on Navrainvest activities

Discussion in 'Managed Funds & Index Funds' started by gazza, 22nd Nov, 2005.

  1. gazza

    gazza Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    214
    Location:
    Canberra
    Steve

    I don't know if this is an appropriate place to ask for an update (but I know many Invested members have an interest) so I'll ask anyway:

    1. how did the last share offer go? I have heard it was undersubscribed.

    2. my understanding was the capital raised from the share offer was to be used to a) help launch the Dow fund and b) fund an advertising campaign to increase FUM. In a previous post you mentioned that the aim was to double FUM to 200 mill in the next year, how will this by achieved if no marketing will be done?

    3. is the launch of the Dow fund still on track for early next year?

    cheers
    Gazza
     
  2. gazza

    gazza Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    214
    Location:
    Canberra
    Answers anyone?? :)
     
  3. Steve Navra

    Steve Navra Well-Known Member

    Joined:
    7th Aug, 2005
    Posts:
    195
    Coming soon . . . to a forum near you :)