Now CTN has George Boubouras on board I expect a lot more people jumping into this LIC. The fund will now become more visible in the media as he has quite a following. It must be worth plus 5% on the discount/premium to NTA. The value of the manager CTN owns must be more as his pull could be used to launch more funds.
It is also interesting that he has stuck his neck out by having his ability to pick stocks be measured in monthly disclosures. Not many TV 'personalities' have to prove their ability like that. I sometimes think they are usually more interested in the TV performance than their actual money performance. Kudos to him.
All looking good for CTN.
Ann: Net Tangible Asset Backing, page-6
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