IIF
Click for more information
0.00% 53.5¢ ing industrial fund

in breach of covenant?, page-10

  1. niks
    77 Posts.
    clock Created with Sketch.
    05/02/09
    23:14
    Post #: 4766705
    As I understand it ING Group is an "arms length" manager of the trust, not part of the trust itself.

    Under your senario you would simply change one fund manager for another.

    The fundamentals of the trust wouldn't change.

    Its like a mom and dad invester changing the local real estate agent with another, to manage their rental property down the road. (just a lot more complex)


    IIF Price at posting: 9.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add IIF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.