Disappointing performance for a month where the sp500 went up close to 20%, from 2500 to 2950 points. The post tax NTA has moved from 221c to 223c.
The Aussie dollar strengthening would have had the biggest impact I'd say.
edit: Ah the beauty of LIC reporting, they still get to show a portfolio performance of 4.5% for the month.
Ann: April 2020 Investment Update, page-7
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