davidols - no idea for an answer to your question but she is doing O'k today.
No predictions but it's looking good for some further rises. My basis for saying that - I think that the last months of the credit crisis and CNP type related nonsense has seen these types of funds over sold to a very large extent. What seems to escape most investors at this point in time is the level of return these funds offer, maybe low capital growth but for the sp and the dividends I think they represent excellent value. Even to the point of being top heavy in property funds in the portfolio.
Some sort of normality coming back and people seeing the virtue of a cheap sp accompanied by a decent return. The mathematics isn't too difficult.
However - I still hold with some trepidation - a little less these days than I had January but getting better.
As always DYOR
MOF Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
