Let me bore you with more numbers... My guess is that ALF will...

Let me bore you with more numbers...

My guess is that ALF will come in at about 15% premium of end of month price to NTA (after tax) when they release their NTA. That was $1.59 price and it and the NTA are different today.

Since listing there have been 129 published NTA ex tax figures. 23 have been at a premium to month end price and 106 have been a discount to the end of month price.

Now, as a comparison, AFI has never been a discount in the same period. I put this down to its size and long history. Its ex-tax NTA is already published and shows 19.7% premium. The question for me is whether ALF has joined the group of LICS with a almost permanent ex-tax premium. I am confident it performs better from an investor point of view.