Spot on. +2.6% vs ASX 200 so far easily justifies the management and performance fees. Superior dividend profile to index is in train as well. This deserves to re-rate to NTA at least.
It's also reassuring to know that they aren't forced to hold disasters like AMP, at least not as they are occurring.
Ann: Investment Update & NTA April 2018, page-3
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$1.26 |
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