The other factor contributing to fund performance is the share buy backs they've been doing - at a substantial(ish) discount to NTA. At times, I felt this has kept the a from falling out of the share price, but it's good to know that MGG has so much ready access to capital in order to make that move. Benefits everyone.
MGG has issued loyalty units, and one round of DRP shares - and yet, still have less shares on issue than the initial float!