Author Topic: [Litecoininvest] Credit Providing Investor Fund (CPIF)  (Read 15945 times)

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #90 on: August 01, 2015, 12:49:36 PM »
Dividend payment – 2015/08/01

NAV: 4.9733 BTC
Market Cap:  BTC
NAV/Unit: 0.0023 BTC
Outstanding Units: 2159.0627809899997
Dividends paid: 0.087 BTC

Converted using
BTCUSD: 284.78

Gathering all the funds, should be paid shortly.

Please note that we propose that this will be the last dividend payment, going forward the fund will reinvest on behalf of it's unit holders until a holder wishes to redeem units for funds. If there are any queries, please don't hesitate to send us an email or post on this forum.

Regards,
cpif_admin

Offline digit

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #91 on: August 02, 2015, 01:56:18 AM »
I would prefer to continue receiving dividends monthly or at reduced eg 50%.  then 50% reinvested to grow NAV

Offline PrivateInvestor

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #92 on: August 06, 2015, 05:46:34 AM »
I would prefer that we reinvest 100% of dividend payment back into the fund.

I would rather redeem them as needed.

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #93 on: August 07, 2015, 12:01:51 PM »
Hi,

Thanks to those who have provided feedback.

The major unit holders of this fund have been asking us to switch to an auto-reinvest fund. We also believe that moving in this direction is the way we want to take this fund forward.

Other benefits are that it makes for easier accounting, unit holders do not lose out by having to re-invest each month, and all funds can now earn interest as the dividend payment doesn't need to be kept separately for payouts.

Regards,
cpif_admin

Offline digit

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #94 on: August 08, 2015, 07:46:47 AM »
Hi,

Thanks to those who have provided feedback.

The major unit holders of this fund have been asking us to switch to an auto-reinvest fund. We also believe that moving in this direction is the way we want to take this fund forward.

Other benefits are that it makes for easier accounting, unit holders do not lose out by having to re-invest each month, and all funds can now earn interest as the dividend payment doesn't need to be kept separately for payouts.

Regards,
cpif_admin

so no more dividends but the units i hold will increase each month from this interest?  ???

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #95 on: August 08, 2015, 08:23:44 AM »
That is right, no more dividends as they will be reinvested into the fund. The units you are holding will increase in value (USD based for now) because of this.

Regards,
cpif_admin

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #96 on: August 10, 2015, 04:24:07 PM »
CPIF as at the end of 2015/08/09

NAV: 5.5876 BTC
NAV/Unit: 0.002477 BTC
Outstanding Units: 2255.73162197

Converted using
BTCUSD: 263.182
BTCLTC: 0.0149

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #97 on: August 16, 2015, 01:51:17 PM »
CPIF as at the end of 2015/08/15

NAV: 6.7853 BTC
NAV/Unit: 0.002509 BTC
Outstanding Units: 2704.3445434000005

Converted using
BTCUSD: 260.075
BTCLTC: 0.015215

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #98 on: August 23, 2015, 05:23:55 PM »
CPIF as at the end of 2015/08/22

NAV: 7.7733 BTC
NAV/Unit: 0.002874 BTC
Outstanding Units: 2704.3445434000005

Converted using
BTCUSD: 227.843
BTCLTC: 0.01515

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #99 on: August 30, 2015, 12:32:13 PM »
CPIF as at the end of 2015/08/29

NAV: 8.8629 BTC
NAV/Unit: 0.002861 BTC
Outstanding Units: 3097.48544367

Converted using
BTCUSD: 229.48
BTCLTC: 0.0124861

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #100 on: September 07, 2015, 05:11:45 AM »
CPIF as at the end of 2015/09/05

NAV: 8.514158 BTC
NAV/Unit: 0.002748 BTC
Outstanding Units: 3097.48544367

Converted using
BTCUSD: 239.309
BTCLTC: 0.0125888

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #101 on: September 13, 2015, 11:30:11 AM »
CPIF as at the end of 2015/09/12

NAV: 9.435 BTC
NAV/Unit: 0.00282374 BTC
Outstanding Units: 3341.32622673

Converted using
BTCUSD: 232.95
BTCLTC: 0.0120287

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #102 on: October 07, 2015, 08:25:44 AM »
CPIF as at the end of 2015/10/06

NAV: 19.4736 BTC
NAV/Unit: 0.002714 BTC
Outstanding Units: 7175.0772311

Converted using
BTCUSD: 245.902
BTCLTC: 0.01273

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #103 on: October 07, 2015, 08:39:26 AM »
Hi all,

we would like to start the process of closing this fund for all minor unit holders, that is holders of 100 units or less.

In order to redeem your units, please send your CPIF units to 1HwUqsR5i8e5H9aPvkJtYgwYG6dd5Laht6 and send [email protected] an email. We will then send your equivalent BTC to the address from which you sent the CPIF units.

Please take into consideration that the previously posted NAV/unit is by no means a guarantee due to the fact that most of this fund is linked to the BTCUSD price.

Please email us at [email protected] or post any questions you have here.

Kind regards,
cpif_admin