Geoff Wilson's WAR identified MHH as a fund that was...

Geoff Wilson's WAR identified MHH as a fund that was unreasonably trading at a discount to NTA given the quality of underlying holdings. There is little difference in the discount that applies to MGF or the quality of underlying holdings when compared with MHH.

Given the quality of the companies owned by both MGF & MHH - a significant discount to NTA is bizzare and I doubt it will last. The discount is a result of a short-term misstep - those looking at the longer term alpha generation by Magellan would know better than to look a gift horse in the mouth.