3 ms·

The fund is labeled 2008 but they invested in opportunities over the course of several years.

• zhte415 11y ago
  >The fund is labeled 2008 but they invested in opportunities over the course of several years. This is not the same term as label (vintage) with wines. A vintage of a wine is the same grape and the same year. If the grape was similar, the wine could be labelled with the type. If the grape and year are different... it seems more like a cocktail. Order a new glass for each glass of wine from a new bottle (even if the same type/brand/field) I was told by a French colleague. I didn't notice at first, but then I did. Not quite a cocktail, but close. If the fund is mislabeling itself, it is common, ask questions about why so, and if you have a 5 year exit plan while the fund has as 2008+x year exit date. You're entering a 2008 plan, marketed to investors as a 2008 plan. When 2008 +x yeas happens, which seems soon, are you just shoring it up with your idea that they will take away?
  • debacle 11y ago
    Yes, it's not the same as with wines, though many cheaper wines are more like "cocktails" in your example. The fund is not mislabeling itself. Words can mean different things in different contexts! http://www.investopedia.com/terms/v/vintage_year.asp http://www.investopedia.com/terms/v/vintage_year.asp