Ann: MGF Fund Update - February 2021, page-111

You are right to point out the long term performance druffy. The charts Posted were not intended to be misleading, but to show the share price change overt time:


We are not provided with any commentary on performance or exposures in the monthly updates so are left to do our own research.
My observation on this table tells me share price change has diminished on every holding. Perhaps this is reflected in the underperformance of the fund? The 5 day chart is the only time frame shown on the broker site I use. I wish it was positive, but unfortunately it isn't.

I invested in this fund at IPO in 2017 so have been closely following performance since that time. Management have been unable to take advantage of the benefits of a closed ended fund and reaped the benefits of a 1.35% fee.