Basically I like most of SNC's holdings, but am concerned with the FWD holding which by my reckoning makes up around 18% of SNC's NAV.
SNC now holds 11.25 M FWD shares worth roughly $ 28.5m. SNC has a NAV about $ 157 m. This equates to about 18% of the portfolio.
I dislike any holdings in an LIC above 10%.
I did hold but sold all last week after the increase in % of portfolio held. Have I got this right ?
Interested to hear others thoughts.
cheers
Riv
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Basically I like most of SNC's holdings, but am concerned with...
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