Onyx, when you have so much negative sentiment, it's hard to see the SP appreciating in the short term. A bit of elbow grease can turn it around. I entered 1.30 plus in 2016 - eek. With a bit of fiddling and a 9% g-up yield, I'm almost capital neutral now.
Will I exit? - unsure. At some point, value investors will have their time in the sun. The philosophy of the fund is all about long term returns not short term gains. It has a decent yield holding 33% cash (September 19).
CDM Price at posting:
75.0¢ Sentiment: Hold Disclosure: Held
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