MHH magellan high conviction trust

Precisely. Effectively, the trust uses its cash to buy back it's...

  1. 451 Posts.
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    Precisely. Effectively, the trust uses its cash to buy back it's own units at a discount to NAV, thus earning an immediate return for all holders. Lucky we are with Magellan and they care about their customers! Some other fund managers on the other hand...
 
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Currently unlisted public company.

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