OK I realize for those that consider PIPS to be a scam or simply a nice concept that didn’t pan oot (that’s Canadian for out, btw) this will be a redundant subject. But for us who I dare to say are able to see the bigger picture it may be of interest.
Did you notice in Loan Fund History, that the value per unit has increased from $25 to $43.30.? a jump in value of $18.30 per unit.
Anyone care to elaborate on this?
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Thread: Unit value up $18.30 ?
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28-07-2005, 10:40 PM #1
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Unit value up $18.30 ?
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28-07-2005, 10:55 PM #2
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Honestly, I'm curious if you'll find enough a technical habituee that can help you out with this one... and I'm curious about the answer too :?.
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28-07-2005, 11:08 PM #3
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Unless I'm mistaken,that's $25 plus interest paid on each unit so far this month.
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28-07-2005, 11:25 PM #4
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Hi Chester.
My guess is that is it is the ROI Earned.
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28-07-2005, 11:32 PM #5
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Yes,it starts at $25 on the 1st trading day of each month,and increases by $0.475 per trading day til the last trading day of the month.
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29-07-2005, 12:03 AM #6
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Originally Posted by rahly
So in other words, it's a theoretical projection.
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29-07-2005, 01:03 AM #7
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As in,theorically,we have earned interest in the amount of 18.30/unit since the first trading day in July,so far.
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29-07-2005, 02:29 AM #8
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Hi cooltrader.
No offence meant.
Slight correction, it is now .4625 per Unit.
Cheers.
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29-07-2005, 02:36 AM #9
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I stand corrected,robonz.Thanks for pointing that out.
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29-07-2005, 06:58 AM #10
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Hi rahly.
You are most welcome.
Regards.
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