NSC 1.18% 42.0¢ naos small cap opportunities company limited

8.5% is OK, so not complaining. I sold because I am opposed to...

  1. 152 Posts.
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    8.5% is OK, so not complaining. I sold because I am opposed to CTN investing in the new income generating fund. I think LIC's should not have cross holdings in other LICs as it leads to conflicts of interest on management fees (two sets of management fees on the same funds), as well as dilution of purpose (small caps vs income). Just a personal preference, that I decided to act on rather than whinge about.
 
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42.0¢ 95019 1
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