News Focus
News Focus
Followers 45
Posts 7860
Boards Moderated 3
Alias Born 02/20/2002

Re: OldAIMGuy post# 45748

Tuesday, 12/14/2021 11:15:07 PM

Tuesday, December 14, 2021 11:15:07 PM

Post# of 48351
Hi Tom

I always thought that if I were to start a fund it would have to be a closed end fund.

If it traded at a premium I would either sell more shares on the market or at NAV or half way in between to existing shareholders.

If it traded at a significant discount I would buy shares on the open market.

I would pick one stock in each sector and as the fund grew I would split the market into more sectors.

I would hire one analyst to pick one stock in each sector to own ( one supermarket, one auto company, one electric ultility,etc )

Being a closed End Fund I wouldn't need to worry about redemptions messing up the AIM algorithm.

I was thinking of approaching AIM Funds so it could be the AIM A.I.M. Fund.

Toofuzzy

Take the road less traveled. It will make all the difference.

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up