NDX: Innovative Index Fund
Beat the Market or Buy the Market ?
Total shares: 779,030
Prospectus
Company Tagline
Beat the Market or Buy the Market?CEO's Real Life Name
MichaelCEO's Real Life Location
IllinoisBoard of Directors
Marc Attenborough - Chairman and CEO. - Marc has years of Real World investment experience with a major brokerage firm working with high networth individuals & institutions regarding complex financia transactions. He manages the various investment portfolios for INC & NDX.Cheyenne Newman - Vice President & Chief Operating Officer - Cheyenne is focused on building long term relationships with individuals. She is the primary contact for the Global Private Client Group and she handles all of INC's real estate ventures.
Guiles Tidewater - Director - Guiles sits on our Board of Directors and was one of our first clients. His input has been very helpful as INC has grown as an organization.
Cash on hand
418000Tangible Assets
418000.00Monthly Expenses
4000CEO's Letter
Dear Investors,
Orginally developed in response to huge issues of liquidity, Innovative Inc is pleased to introduce the first ever Exchange Traded Index Fund to trade in Second Life.
An Index Fund is a collective investment approach that aims to represent the overall market. The Innovative Index Fund will hold Equall amounts of all the legitimate securities that trade on the Second LIfe Stock Exchanges and thus will be passively managed.
The lack of active management (stock picking and market timing) gives the advantage of lower fees.
This will be a simple way to investors to get broad exposure to the market without taking a gamble on one particular stock.
Thank you for taking the time to look at this offering. If all goes well, we may introduce a Weighted-Index in the coming weeks.
Sincerely,
Marc Attenborough
Chairman & CEO
Business Overview
The Innovative Index Fund will hold Equall amounts of all the legitimate securities that trade on the Second LIfe Stock Exchanges and thus will be passively managed.Innovation Inc will own and operate this fund. The fee structure is simple. The fund expense will be $L1,000 per week. INC will also retain 20% of the investment profits that are distributed to shareholders. It a simple structure and ensures that our goals in in line with the goals of the shareholders.
Business Strategy
The Index will be based solely on companies that have joined the SLEC and are adhearing to their rules on transparency. We will rebalance the Index twice a month if neccessary to keep it equally weighted at all times.Use of Capital
The capital raised will be used to execute the strategy outlined above. The investments will be solely stocks and bonds.Risk Factors
We cannot predict the future. Markets move up and down. The greatest threat to our company is the stability of the Second Life Economy and the stock exchanges.Please consider your own objectives carefully before investing.