Quote from: MonkeyBear68 on February 24, 2014, 09:24:19 PM

I also have no problem with the fee. You need to be compensated for doing all the busy-work that is involved with these three funds. You also seem very dedicated to providing quick responses on this forum, so it is only fair that you earn something. These three funds are a lot like baccarat (except that difficulty also determines the outcome in addition to luck), so 2% for the "house" is reasonable.

Quote from: ZephramC on February 24, 2014, 10:55:29 PM

Quote from: junkonator on February 24, 2014, 10:37:53 PM

Quote from: eltopo on February 23, 2014, 01:17:04 PM

I'm ok with the 2% man fee. But as the fee affects arbitrageurs more than others, I'd like to see the auto-exchange first. That would be some kind of value for the additional fee.

I second this. That's a fair condition. Get auto-exchange up, have it running for a week or two to make sure it works properly, then pass a motion for mgmt fee.

I also think this is a fair proposal.

Thanks for the input, guys - spoke with Havelock tonight and they're working on the AutoExch feature. Their dev has been out of town lately with family, but I've been assured he's working on it - they're hoping to have it up before the end of the month. However, both they and I don't want to make any promises that they can't keep, so it may be sometime into March before it's done. They've had a massive couple of days with the IRL launch of NEOBEE and the resultant new traffic, so I'm inclined to give them some slack on this one.

It's in both my and the shareholders best interest to have it up and running, so I've asked them to make it their top priority for BDD. That being said, support for the management fee has been unanimous, obviously with some caveats that the AutoExch be up first. So for the time being, I'll plan to wait until AutoExch is implemented, ensured to be working, and then plan to implement the fee after that time.

EDIT: Words