I read the IIFunds often but IMO they don't have a great track record was very easy up until 2007. - they pushed a number of shares that turned out to be total disasters and the fund itself has not performed well in a time when value seekers have not done too badly. I still have a subscription but really I think ILF is a good share but not because of what they say. They have had a few good plays but often they have been overshadowed by bigger losses. You could have held ENV and done better by far but they fell out of love with those. They pushed it as a buy and then said sell @ 32.5c in 2009 its 79c today - thats just one IMO bad decision. many more as well.
Value Fund performance summary SUMMARY OF RETURNS AS AT 31 JANUARY 2012 IIVF All Ords. Accum. Index 1 month return 1.53% 5.23% 3 month return -3.18% -3.00% Return since inception (31 October 2009) -1.95% p.a. 0.78% p.a.
ILF Price at posting:
21.0¢ Sentiment: None Disclosure: Held
