The best part about this name are the underlying fund performances. Outperforming across the board, this will create on going funds inflow. Additionally their fees charged are reasonable( 48bps? ish). FUM will of course move up and down with the overall market, but this is not controllable. It reminds me of MFG in the early days when it also traded 3$. As long as management stick to their knitting and the funds don't underperform, then it should be a good ride. Good Luck all.
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