Replies to post #45748 on A.I.M. Users Bulletin Board (AIMUSERS)

[Toofuzzy]

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