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CHT Monthly Report - October 2019

November 1, 2019

Hello Investors,

 

We registered some small profits in trading over the first half of the month. During this time, we also had an agreement in principle for the sale of the fund over to a new fund manager. There have been some delays over checks & information swapping, but we are optimistic that we will come to finalization soon.

 

Currently, trading has been paused in anticipation of finalizing the sale of the fund, pending the following items: --

  • Awaiting for certain documentation required by lawyers

  • Announcement by new fund manager

  • Completion of remaining documentation and handover

Before the sale of the fund is completed, we will look forward to an announcement by the new fund managers, who will be sharing more details with our investors.

 

Trading will continue to be paused until our new fund manager reactivates our trading algo.

 

Thank you once again, especially to our investors, for your patience in this matter. We will continue posting significant updates as we move forward.

 

Wishing everyone a great month ahead!

 

 

The Countinghouse Team
 

 

 

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