Re: New member. Smart Logic Yahoo grooup.
Vic,
Thanks for that. If anyone else has any comments, please let us know.
Regards,
Justin
--- In
smartlogikaction@..., Victor Arcari <vic841@y...>
wrote:
>
> My name is Vic Arcari in Glasgow.
>
> I have shares in Smart Logic and have joined and subscribed to the
Action Group.
>
> I think the discussion group is a logical progression which will
prove useful in the
> coming years. I have already described the difficulty I am having in
obtaining a Share
> Certificate for a Canadian company called Turbot Genset, from a
Glasgow Stockbroker
> called Direct Sharedeal who had put my wife's shares in a nominee
account without telling
> her she could have a Certificate if she wished and then tried to
charge £25 a year for
> the privelege(?). More on that to anyone interested. Justin Jones of
the Action Group
> sent me some very helpful info as a result.
>
> Another thing I have had in mind for some time now is in relation to
Trust Funds. I have
> two different ones, one an Investment Trust OEIC, and their
performance over the years
> has been abysmal. Bearing in mind some of the very questionable
activities of various
> Companies and Financial people that have come to light over the past
years and occasions
> like the instance of Merrill Lynch denigrating some of their own
previous
> recommendations I wonder how closely these funds are scrutinized by
the FSA. What is to
> stop any of them for instance trasferring the best performing shares
from their funds to
> private investments, leaving the funds with the junk. If it can
happen you can bet your
> life it does. Worthy of investigation at some time ??
>
> Regards & best wishes to all. Vic.
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