talking in round numbers, it's a very easy bet to understand.
if the fund folds, you get paid out at nav and make 10%.
if the fund stays open, i would expect price to fall 10%.
that's a 20% difference.
i'll vote for the bird in the hand, thank you very much.
and then what happens?
another opportunity to make money will come along.
it was ever thus.
AGF up by 6c Today - AMP staff out of control, page-3
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