LSF 1.59% $3.19 l1 long short fund limited

LSF's NTA-SP gap has closed completely a few times during the...

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    LSF's NTA-SP gap has closed completely a few times during the last year, most recently at the end of March. Currently the gap is unusually large at a shade over 20 cents.

    All the fundamentals for LSF look good, including an announced intention that dividend yields will continue to increase, and including a gradually rising trend for the NTA. LSF's portfolio of shorts appears to be performing well, which is hardly surprising in the current market.

    If the fund managers continue to maintain their track record of the last two years then it seems likely that LSF's chronic NTA-SP discount will eventually disappear and turn into a premium. In the shorter term, the discount may revert to its mean - which is less than ten cents over the past year.
 
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$3.19
Change
0.050(1.59%)
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$3.14 $3.19 $3.14 $1.066M 336.4K

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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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