ok now you are making a little sense to me and thanks for that bit. Now i need some answers to these questions:
1. The investment of trust funds is going to be in the Aussie market ( i stand corrected). If so, what shares in the aussie market? Right now the aussie market is just overvalued.
2. They always have hedges but then when it comes to return time they say because of the market down turn the returns were no good when the hedge is suppose to maintain whatever return they have achieved.
3. Why is he doing this at this stage? Why isn't he happy with what he has got? (the question sounds dumb but it is not. I am looking for a fundamental reason here)
4. What makes a trust return more compelling that say a stock pick return (just like you picked MFG. no trust return can achieve that especially if you bought in the low 20s)
MFG Price at posting:
$56.01 Sentiment: Hold Disclosure: Held
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(20min delay)