Hi Tom, AIM BTB,
The AIM BTB as standard is a good idea.
You are faster that the speed of light on your return comments! Ok let's make sure that we understand each other. I list here my Feedback Points:
1) The cash in the AIM is compounded weekly at the basic annual base rate of 5%...per week 5/52%;
2) The Test Reference to the bank account is removed as we use the AIM BTB as Reference.
In regards to this Reference it may be possible to optimise the result so that at least one point the cash is zero. Although we would not always do this in reality, for the Test Case it would be a good thing to do to the extend that the use of the Lichello parameters make this permissible. Now, this indeed a moot point: If the Lichello BTB does not allow for adjusting the SAFE to say 11 %, to get a better yield, or it does not allow the use of 52 % or 46% update on the Portfolio Control then we accept the BTB as reference...This all depends on the definition of AIM BTB.
Tom, this is your call.
Regards,
Conrad
