It would be nice if the management teams delivered some decent results for shareholders. The discount/premium isn’t in their hands but their NTA growth over the long term is and they have certainly been doing a consistently sub-par job of that for some time now! Any active manager that didn’t have permanent capital would be on their way out of business if under by over 1.5% pa over 10 yrs.
AFI Price at posting:
$7.15 Sentiment: Hold Disclosure: Not Held
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