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I received an e-mail this morning containing 206 pages from GP. Other than an announcement of a date for reorganization moved to Oct. 6, 23 or there about & change of a manager. Did I miss anything ? Like maybe it's time to remove GP from my holdings ? How often does a MF add 4 months to reorganization of its funds ? Thanks for your thoughts, Derf
@Derf: thanks from all of us for reading those 206 pages. Where would we be without you? I was organizing some files yesterday and almost threw out all my statements from GP, now on the chopping block awaiting the fall of the blade.
The entire holdup is that they are being forced to re-register in India. All of the US stuff is complete and set but the reorganization can't go forward until they finished the paperwork for the good folks in New Delhi.
'[W]e received word from the Indian regulator (SEBI) that they were going to require us to re-register the Funds in India (which takes 2-3 months in India) .. no other country required such), but it’s the way the SEBI regulation is written. So ..."
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https://www.mutualfundobserver.com/discuss/discussion/60711/reorganization-at-grandeur-peak-global-advisors-similar-to-rondure-post
The entire holdup is that they are being forced to re-register in India. All of the US stuff is complete and set but the reorganization can't go forward until they finished the paperwork for the good folks in New Delhi.
https://www.sebi.gov.in/