The fund, a Specialized Investment Fund (SIF), is a legally designated fund based on the Luxembourgish fund law of 13th February 2007. The Seven Realms fund would be created to be considered a self managed fund with virtually all primary operations provided by subcontracted firms. Marketing by the Seven Realms Group and then separate administrative, transfer and custodial services, among others, would be provided by various financial services company such as Standard Chartered Group.
The Luxembourg based marketing company and legally described promoter of the fund, The Seven Realms Group would initially be owned eighty percent (80%) by the Seven Realms Foundation. This Foundation will be dedicated to four primary goals. The first two would be the building of water based and transportation based infrastructure worldwide. The third would be dedicated to the planting of trees, shrubs and preserving wetlands in as many spots of the planet as possible. The fourth function of the foundation would be to provide restoration assistance to those areas suffering from natural disasters.
Twenty percent (20%) of the Seven Realms Group will be owned by the founders, early management and financial investors of the Group. As the dividends to the Foundation and the Group shall be determined after the expenses of the marketing and management expenses of the fund.
It is envisioned that the revenue and thus profits and dividends of the Seven Realms Group and Seven Realms Foundation would be derived from all monies remaining from the management fees revenue of the Seven Realms Fund after the administrative, transfer, custodial and other expenses were paid to the subcontracting support companies.
The SIF would have a designated administration company (perhaps Standard Chartered Group or else European Fund Administration S.A. of Luxembourg, www.efa.eu) to determine it's Net Asset Value (NAV) at the end of each world trading day. This NAV value would then be the price at which all transactions of buying or redeeming the fund units would be done during the next business day. The SIF would also require both a Custodial Bank and a transfer agent registered in Luxembourg and around the world. This would, again, most likely be an organization such as Standard Chartered from its offices in Luxembourg and then worldwide. ( http://bit.ly/L85zZw )