The IIF Half Year Review is due to be released late Feb 09.
I predict the Net Asset Value per unit will be around $1.39 (down from $2.09 in 30 June 08).
Happy to share the methodology if anyones interested.
The market seems to have priced in a figure below this so if I'm right we could expect a rally. On the other hand, its the NAV per unit in 12 months that the market will care more about.
Anyone else want to make a prediction?