I really like BAF but it’s looking very expensive at the moment....

I really like BAF but it’s looking very expensive at the moment. There are some better Hedge Fund Alternatives that are trading at a discount to the NTA with even better performance such as Henry Morgan Limited.

HML is officially the best performing LIC/ETF year to date achieving +36.51%
http://hotcopper.com.au/asx/hml/

Their direct wholesale fund achieved +650% return in a little under 3 years!! Its trading at a very good discount to the NTA at the moment, much better value than CDM, AEG, MLT, etc.