'Performance of the portfolio as at 31 May 2021 has been strong and has exceeded its benchmark on an annualised basis over both two and three year periods.' Doesn't mention that it has underperformed in the last 12 months and since inception. What absolute nonsense of a press release.
Now the 'star' portfolio manager jumps ship and is replaced with a junior burger. Expect the the discount to widen, not narrow. Put shareholders out of their misery and close the LIC already
EAI Price at posting:
$1.17 Sentiment: Sell Disclosure: Not Held
