2-3 years of 5%+ fully franked yield will help it close up the discount.
International LICs tend to lag their NTAs to a greater extent than established ones. PMC and HHV (eventually) used to be the main exceptions due to their higher yields. APL is the real surprise package in the field, which I can't really explain.
2-3 years of 5%+ fully franked yield will help it close up the...
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