Quote from: ranlo on December 22, 2016, 08:18:17 AM

Quote from: Apocalyptic on December 21, 2016, 06:19:42 PM

What is the fund's policy in case one of the investment center defaults ?

The fund can't control anything... out of their control. What is the policy? What are they supposed to do?

Well you tell me, I'm not running their fund. They have a couple of options: they can just write down the "lost" assets and reflect it directly on the fund's NAV and drop the claim, or they can try to actively pursue the claim. I'm sure that if it would be something like Poloniex defaulting on their obligations, there would be some kind of legal recourse available given that they are a real company. If so, at whose expenses ? The stakeholders' or the fund management ? How would that be reflected on the management fee ?

These were the kind of questions I was wondering about.