Ann: MGF Fund Update - February 2021, page-319

I hold the view that Magellan is in play and they will by results time either have stabilised the ship but if outflows continue they may well get taken over.
I cannot see this outflow continuing unabated - as regards MGF I keep watching as I think they may have to try to resolve this. They could offer the open class which would eliminate the discount.
It is those options that keep me watching.
As I understand it you can re-establish the buyback eith a vote in geberal meeting. However if you are redeeming more than 10% a year this wont take long before you have to do something.
The best solution would be performance but this is a very large ship you need to turn around - it takes time.