NAOS manages two LICs with fum of $133m. CTN is $200m in size. Assuming no overlap between portfolios of NAOS and CTN, well then NAOS current portfolios could get quite a performance kick as the CTN portfolio is NAOSed. As NAOS seems to be industrials only, you dont want to own the mining stocks that will be sold out of the CTN portfolio. NAOSeated.
But, seriously folks ...
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