It seems to me that "Allan gray Aust. Equity Fund " approach is more of a long term contrarian fund manager that seek to invest in undervalued
Public Equities, with a long term investment horizon to realise gains once the market is "awakened" to the real value.
It is probably the reason why most of us are`here, waiting for a rerate and collecting Dividend on the way
Ann: Change in substantial holding, page-3
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