ALF 0.00% $1.01 australian leaders fund limited

Ann: Net Tangible Asset Backing, page-10

  1. 4,799 Posts.
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    @Jack1960, it has been a good year.......Fantastic returns from 2 LICs, SEC bought at $1.29 and WIC bought at 64 ? BAP has also been kind as has a couple of mining stocks along with CSL. I too dont mind 4-7% return, but it would appear that I am less patient (and tolerant) than you, and can’t abide what I see as stupidity, especially when I am paying someone for the privilege. I have no immediate plans for the return of capital which to a degree, comes at the wrong time, that being a toppy market.
    But I guess another opportunity will present itself, and I am in no hurry to reinvest, also being a SH in CVF and getting funds back from that also. It’s an interesting world !
 
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