#FranklinTempleton UST investors - UST has been making a steady recovery. No defaults so far everything going steadily. Why jinx it by voting NO and taking a fire sale risk?
#FranklinTempleton UST investors
Look at their projections on April 30 and actual values on December 15th for UST
#FranklinTempleton UST investors
The NAV has also become steady like earlier. Payments are flowing in regularly. Some prepayments were made
#FranklinTempleton - Investors seem to be divided into 2 camps 1) Vote YES to avoid a fire sale 2) Vote NO because @FTIIndia is a fraudster and has mismanaged funds
The people who are supporting the windup are worried because if funds open then predicting who will get what is impossible.
#FranklinTempleton - and that is True. When funds open we don't know how many investors have online access to redeem, how many will start redeeming, what algorithm does FT have to prioritize redemptions, what system errors will happen due to high traffic.