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Re: tothe post# 40844

Friday, 05/07/2021 1:23:50 PM

Friday, May 07, 2021 1:23:50 PM

Post# of 47933
LFAP and Assets Under Management (AUM)
https://www.investopedia.com/terms/a/aum.asp


To start off LFAP is the creator of the LGBTQ Index 100
utilizing ProcureAM’s PAL (Procure Asset Launchpad) in which
ProcureAM helps bring ETF ideas to life. In this situation LFAP = Creator
of LGBTQ Index 100 and ProcureAM = ETF Fund Manager.
ProcureAM charges a manager fee of 25BP (or in layman terms .0025%)
for Assets Under Management.


The LGBTQ ETF Index 100 charges a management fee of 75BP
(.0075%) on all Assets Under Management. ProcureAM is paid 25BP
(.0025%) for duties as acting manager of the fund.

For Example: LGBTQ Index 100 has $1,500,000,000 AUM
LGBTQ Index 100 Management Fee:
$1,500,000,000 X .0075 = $11,250,000

LFAP keeps 50BP (.0050%) and ProcureAM is paid 25BP (.0025%) as
acting manager of fund.

LFAP revenue = $1,500,000,000 X .0050 = $7,500,000
ProcureAM revenue = $1,500,000,000 X .0025 = $3,750,000

What many here don’t realize, we are entering a whole new realm
of investing with this first ever “Preference Based Index”. This
will be the first index ever where a selected/targeted group will
select the companies that make up the ETF. Also, as technology
advances, our ETF’s performance will be for-seen by using Big
Data Analytics, AI, and Machine Learning. We are looking at a
new way to beat the market by using big data as raw material,
combined with machine learning, to build ETF portfolios that
could potentially outperform active management — even actively
managed ETFs.


You can read more about Big Data and ETF’s in this link
rovided. Also watch the video within the article of Rob Tull
explaining the technology:
https://www.google.com/amp/s/www.cnbc.com/amp/2019/08/24/artificial-intelligence-and-machine-learning-are-the-next-frontiers-for-etfs.html

This is where Fuzzy Logix is tied in with our LGBTQ Index 100.
Fuzzy Logix uses high powered Graphics Processing Units which
can sort through data at an alarming speed. The software from
Fuzzy Logix ultimately helps predetermine which companies will
outperform the market. More can be explained in this video
attached:


This is how the our ETF (LGBTQ Index 100) was predicted to
outperform the S&P 500 (see slides 8 & 9 of attachment:
https://drive.google.com/file/d/13a-yxFXVBtt8GZXN7WmcCuu1U7i9r_5V/view

Revenue for LFAP will be accrued in 3 ways:
•Advertising
•Sales of Corporate Loyalty Program/ Loyalty Packages
•ETF Management Fee

The average ETF costs about $250,000 a year to maintain based on
complexity. Our Breakeven for our ETF is approx $40,000,000 AUM.
With this in mind, our ETF will have a yearly maintenance fee of
$200,000 given $40,000,000 X.0050 = $200,000.

More on expenses of ETF’s can be read here:
https://www.etf.com/sections/features-and-news/cost-run-etf?nopaging=1

This ETF is rumored to be the next big thing in the ETF world.
HACK accrued $1,500,000,000 AUM in approx 6 months of operation.
We could possibly match pr exceed HACK’s AUM.

LFAP has little to no overhead:
•Rent
•Salaries
•ETF Maintenance Fee’s

LFAP has 3 revenue streams: Advertising, Loyalty Packages, and ETF management fees.