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Island Park Village MF increase

MaryH

TUG Member
Joined
Jun 9, 2005
Messages
1,485
Reaction score
1
Location
Ottawa, Canada
Hi all,

I owned a IPV floating Blue week for 2-3 years now and use it primarily as a trader in II.

The m/F has increased from $301 when I started to $334 last year. Imagine my surprised to receive a statement asking for another $77 since the M/F for 2009 is higher than the amount $334 I prepaid (based on 2008 M/F) back a few months ago in order to deposit into II.

I called the Owner line at Trading places and was told it was not a special assessment but an increase in M/F. This is a 23% increase rather than the 3-7% increase I had seen.

Does anyone know the story behind it?
 
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