ALF 0.00% 85.0¢ australian leaders fund limited

Ann: Changes to allowable investments, page-30

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    204 Posts.
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    I just started my holidays so I had time to rabbit on a bit.

    Cheap = discount to NTA after tax for me. But even that is not straight forward. LICs that I think will outperform the index are fair value at a slight premium for me. I think cheap is less than fair value though.

    Did I just hear bells .......
 
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