LSF 0.00% $2.98 l1 long short fund limited

I'm not sure its something we need to worry about just yet - but...

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    I'm not sure its something we need to worry about just yet - but I would say it is nta > $2 and it is an interesting question whether it is pre- or post- tax. I remember reading the pds/launch offer quite a while ago and I don't think it was clear. Common sense tells you it would be pre-tax because that would give them the biggest performance fee.
 
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