O.K. this is cut N paste from what I was sent, reference to the fund closing at $300
if you wish i can try and post the whole lot
The next move: hunting bigger game
Davidson says GVF will never be a big fish: it will close when it reaches $300 million under management, and will remain a vehicle for retail investors.
GVF delivered a 2.8 per cent return to those investors in the 12 months to June 30 this year, amid falling markets, and is up 6 per cent in the first four months of this financial year. The annualised net return since inception has been 10.3 per cent.
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