Ann: CVF Monthly Update and NTA Per Share at 31 March 2020, page-7

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.