I thought there is already a managed fund version and this is the LIC version. They have done the rationalization already. The fund hasn't done that badly at portfolio level it is just the market price.
I think its a good price right now to buy but sad if you want to sell and have a much higher cost base.
I haven't bought in as I am waiting until all the interest rate rises are factored into the economy but its on my watch list.
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- Ann: MGF Fund Update - February 2021
Ann: MGF Fund Update - February 2021, page-452
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