ALF 0.00% 85.0¢ australian leaders fund limited

Ann: Changes to allowable investments, page-18

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  1. 640 Posts.
    The biggest worry for me with ALF is if I wanted to sell in a hurry it would crash the price.
    At the moment I am up 40% on purchase plus the 12c ff divi and the bonus options ( sold ) it is a good income stream (SMSF ).
    Would I buy more.
    At NTA I would,at this level if I had surplus cash I think it would be a fairly safe place to park it.
    They need to manage the Fund in away to keep the dividend yield at these levels or there will be a big selloff so you need to trust management so far so good.
    I tend to buy and hold have been here since 2005 (wls)

    Cheers
    Phil.
 
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