Recent content by sht4branes

Hi Guys, Anyone know who is looking after the Lm currency protected fund at present? I have lost track

Re: Good Grief - what a winner for LM and the IFAs Pretty obnoxious. Poorly directed bile never helped anyone. I'm awaiting the result from the court case later this month from the ASIC action regarding the LMIF . If this results in selling down the fund, this will provide some return on...

Re: Grieving, but not out of it yet. I'm sure if someone with the time, energy, experience and skill set such as ASICK got taken to the cleaners, I'm sure Drake & Co will be quaking in their boots with your action plan.

Re: Gagged Hi Allan, Thanks for all of your support and advice. Enjoy your retirement. In the words of Kenny"you gotta know when to walk away and know when to run" Best Wishes Sht4branes

Re: Good Grief - what a winner for LM and the IFAs And your plan?

Grief The five stages, denial, anger, bargaining, depression and acceptance are a part of the framework that makes up our learning to live with the cash we lost. I am a doctor that has been taken for a ride. I'm not angry or embarassed or ashamed any more, :(which I was initially. When...

YES to getting rid of LM. NO to trilogy. Many thanks to ASICK for the tremendous amount of work and time he has put into supporting the thread. I suspect that there are alot of very elderly investors that read the thread but prefer not to contribute. Like many others, I was a complete...

"I really don't think there's any cheap way out for LM investors - but the sooner the funds are wound up, I think the better the outcome will be. As a PFMF investor, it seems to me that investors would have been better if Trilogy had knocked the fund off three years ago - at least we'd have...

Hi, FTI have adjusted the unit price to $0.55 for the LMIF. It was in LM's best interest to inflate the funds under management so they could receive as large fees as possible. If FTI are paid for a fee for service, what does this $0.55 figure mean in reality?FTI don't have any moral hazard...

Irishman, is there a class action in N.Z. for the currency protected fund?

You can't change an animal's nature and investing in Gold Coast property funds is like giving swine access to pavlovas: it will just be real messy. I invested in the currency protectd fund as a low risk investment. LM is just what it is expected: BS artists fleecing investors with ill considered...

Hi,, This is my first post. I invested into the Currency Protected Fund on the advice of a NZ based financial advisor. Fortunately it wasn't enough to cripple or impact significantly on my future as it was 20% of one year's gross salary. in many ways the situation has a silver lining in the...