Fund would then no longer be neutral. It would then be vulnerable to another market fall
as well as being counter to it's investment mandate.
They do however, seem to be doing the right thing, buying back on market, given the persistent
discount to NTA. Makes the recent capital return look even more ridiculous.
pargolf
To Sell or not to sell, page-37
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
