LSF 0.95% $3.19 l1 long short fund limited

Ann: Net Tangible Asset Backing, page-3

  1. 622 Posts.
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    TBH don't think it makes all that much difference. They will pay capital gains on the capital gains and will only pay out what they receive where they can pass on the imputation credits at a guess.
    Appreciate it for what it is. Over the long run they are delivering what few, if any, are capable of replicating.
    When they are not, revisit motives for being here. In the mean time, just enjoy the ride. They are significantly outperforming in the down periods which makes a really pleasant surprise when the rest of the portfolio looks a bit sh.t. https://hotcopper.com.au/data/attachments/4205/4205940-20325cd915b6d0f519f099e0c6ca70a0.jpg

 
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$3.19
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