HM1 0.76% $2.60 hearts and minds investments limited

Ann: Weekly NTA Estimate, page-3

  1. 2 Posts.
    I liked that it's an lic because it gives the portfolio managers more control over the capital flow, so they don't have to worry about withdrawals during downturns that they might get otherwise. But I don't really know how much of a problem that is for fund managers.

    I think in the long run that certainty would hopefully result in better performance and eventually close the nav gap. in the meantime I'll keep buying at discount
 
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