Yeah, the discount saga is ruining the LIC/LIT industry.
I don't think it can persist without serious changes... They are simply too risky and from an investor perspective you would have to be borderline crazy to buy into a float when they are almost guaranteed to fall to a discount early on.
I wish LSF was an ETMF rather than a closed fund. I would much prefer to know I can sell at the true value of the assets held.
Passive funds are killing it in this low interest rate environment. The indices just keep going up and up.
- Forums
- Fixed Income
- Active management
Active management, page-3
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online