Not sure when you'll get the redemption...the fact that CIY have managed to get 100 million into the fund via Fortress suggests all is not lost.
I reckon the majority of posters on here are shareholders rather than members of the mortgage fund...we'd be curious if you actually received your monthly distribution...if you did, then that's certainly a good sign. CIY have confidently stated on a number of occasions that they will repay the CBA on time - if so, and if they do get the expected inflows from their various investments, then you should be okay. Let us know if you don't get your usual distributions in the meantime...
CIY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
