MGF
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0.00% $2.21 magellan global fund.

Ann: MGF Fund Update - February 2021, page-167

  1. cutty
    3,375 Posts.
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    01/07/21
    11:17
    Post #: 54202487
    Agreed. Although, I do see the conversion of MHH as a concession that even a behemoth like Magellan can't keep closed funds in line with the NTA.

    Perhaps another argument that may be raised is if the discount is not acceptable for MHH, why is it acceptable for MGF? Doesn't the same logic pervade all funds they operate, when it comes to fairness to shareholders?

    Interesting times ahead for closed funds... there just isn't the demand to keep in line with NTA.
    MGF Price at posting: $1.78 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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