contango capital partners whats their interest, page-18

Yehlocker

>i don't understand ARGO's share price but at least it goes up when the market goes up

I gather Argo invests in large cap stocks

An attraction of investing in CTN is that it is one of the few LIC's that invest in small & microcap stocks. As these stocks can be indivually risky there is something to be said for an average investor in say a SMSF investing in a microcap LIC rather than a number of microcaps themselves.

With Argo you can pretty almost replicate by buying some of the banks, say BHP and/or Rio and a few other large caps and you can end up with similar performance without the albeit low fees. It also rarely trades at a signicant discount to NTA.