A subscriber wrote in and I figured I made a mistake when setting the price for December - February. Instead of 10 USD it should be 13. Here is the correct calculation.
However, the price was announced, and I keep a word. Thus it would be fair to offer you a 30% discount for 3 months!
- 7 USD (fixed component). On to the performance-based component:
- 1100 full bps - downside protection advantage of MI before MDLOX fund (X50 cents per each 100, i.e. 11 X 0.5 = 5.5 USD);
- 100 full bps downside protection advantage of MI before AOM (50 cents);
- Less than 100 full bp downside protection advantage of GBMFX before MI (thus, no credit, yet).
However, the price was announced, and I keep a word. Thus it would be fair to offer you a 30% discount for 3 months!