How much longer can NSC Management continue to justify managing the fund given the pathetic returns over several years ?
Money in the bank at 3% would have been a better option... and with no real catalyst in sight to effect a turn around. With their investment strategy aligned with growing and perhaps solid companies, there doesnt seem to be a plan to grow NTA and earnings and if one looks at the returns over several years, why should "investors ?" have any real confidence that things are going to change for the better ?
How much longer can NSC Management continue to justify managing...
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