FPC fat prophets global contrarian fund ltd

NTA down a bit as expected given China and Japan. Just checked...

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    NTA down a bit as expected given China and Japan.
    Just checked the share prices of the top 10 since July 1 and its doing quite well (I estimate only 3 of 10 down - but don't take into account currency movements). PPS a rocket for the portfolio
    Leverage almost nil now.
    Discount to NTA seems well overdone.
    Happy to hold/top up at these levels and I think that Angus and team are taking a logical approach in a difficult market.
 
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