In terms of discounts across the board for closed funds - the discount for MGF is quite small.
This is not to say it wouldn't be great if the share price reflected the NAV. In a perfect world the share price would stay in close association with the NAV.
In saying that, Magellan will have to increase their incentives if they wish for people to invest.
MFG Price at posting:
$49.14 Sentiment: None Disclosure: Held
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