Sino Agro Food Inc (fka SIAF)

[treit2002]

The fund is now part of the PPM system, but you can save in the usual way as well, including monthly savings respectively lump sum.
Since the fund has just entered the PPM system the savings amount in the fund has increased by a whopping 86%

As I recall this fund intends to invest 4% of its funds into SIAF.

Questions are:
How big is the fund, and
How much will it continue to grow, through the PPM system?

Sounds like there will be ongoing buying of SIAF shares, but not sure of the magnitude.

If the fund is $20M, then 4% is 1.6M shares (@$.50) and another 800k if it is growing 50% through the PPM system.

If the fund is $100M, then 4% is 8M shares (@$.50) and another 4M if it is growing 50% through the PPM system.

Are these figures known?

In any case, appears that this fund will "automatically" offset a % of dumped finance shares. Since they've already accumulated 3.7% of the fund, the dumping supply is clearly much larger, but it will be a consistent demand force for shares on-going, as long as the fund grows through the PPM system grows.

I believe that Gustavia had several funds. If they decide to hold SIAF as well, this could become a major factor.