2013年5月2日 星期四

MECHCalvin Fund Report April, 2013 - Freemium is the future

Fund price of this month 本月基金價格: 


$1.3204 +0.0082 (+0.625%)

Dear Investors,

This month i have spent 2 weeks in USA, to visit a friend's wedding, also get some sightseeing done, as well as opened a bank account (apparently HSBC is a very small bank in USA). I have been to San Fransisco and L.A., when i was walking toward the Fisherman's Wharf, I saw this beautiful cruise ship "Sapphire Princess" (the twin sister ship of Diamond Princess.)


She is one of the world's largest cruise ships, with a capacity of approximately 2,670 passengers.so i thought, one day this fund will grow so big, e.g. own a cruise company, i can bring you guys for a cruise tour (unless you don't like sea too much, haha)

since during this trip, my investors no. have reached 100! i am thinking the future of this fund.

there is a new business model called Freemium i am going to use, The word "freemium" is a portmanteau neologism combining the two aspects of the business model: "free" and "premium". which means the service is offered free, but if you want to have extra service, you need to become a membership that require investors to pay.

the way it works is this fund will own a lot of different companies, a normal investors do not need to be charged heavy management fee, but if you want some extra, e.g. discount from the shops and the companies MECHCalvin fund are currently invested, investors will need to pay a membership fee, then you will be given a card, this will encourage investors to spend in the shop they invested in, the profit will help the performance of this fund, eventually benefit the investors themselves, if some investors do not wish to pay, they surely still able to enjoy the growth of this fund, rather than let heavy management fee take away their return, it is a win-win.

at the moment there ain't a lot of business this fund is involving, but as time goes by, you will see more and more business will work with me, mainly my insurance clients, then the membership will become more attractive. And of course for you guys, as the first 100 investors, you will be given the memberships for free, as a thank you of trust at early stage :)

anyway, thanks to the dividend and interest pay, also the strong Manulife Asian Small Cap Fund, even the gold, stocks and currencies drop slightly, this month the fund still remain a positive gain, to $1.3204 per unit. It have also clearly show to overrun the market index.

Green line is MECHCalvin Fund, Black line is Hang Seng Index

Anyway, couple more pictures then I am out.

regards,
Calvin


postcard like cable cars



cycling next to the Golden Gate Bridge


Me at Golden Gate Bridge




Me at Apple Inc. headquarter with Steve Job's biography



Now and Then from my last visit to San Francisco back in 1995 (when i was 13)