Did anyone else notice they liquidiated most of their positions last month despite giving the following reason in the previous update for not offering a wind-up vote:
"Liquidating a portfolio in these market conditions will most likely result in material discounts to carrying value being crystallised"
What a crock! They liquidated them already! No wonder LICs trade at such massive discounts. Shareholders' interests come last.
Ann: CVF Monthly Update and NTA Per Share at 31 March 2020, page-7
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