They buy funds whose unit price is below their NTA in the hope of realising the difference. So of course those funds are managed by other managers. It is the point of the excercise. It is a low risk and potentially profitable excercise. I am puzzled by your comment if you understand the rationale of the business model. You have to identify the targets and whether the price to NTA gap is likely to be closed so there is a lot of "managing" to do.
GVF Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)