MGF 0.23% $2.16 magellan global fund.

Picked up another nibble given the current discount to NAV of...

  1. 947 Posts.
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    Picked up another nibble given the current discount to NAV of 12%ish
    Happy to hold and ride the roller coaster that will happen

    like everyone else holding, definitely have not been impressed with the current performance but I’m sure HD knows more than me and will turn it around at some point and the fund will beat the market and grow

    Nav has been slowly ticking up lately, share price just isn’t moving or tracking it

    got a chunk of options too and will hopefully one day convert them of the discount to NAV closes in time before they expire and if they expire then all good and I hold my current holdings
    Happy to have on DRP and let the fund continue to kick along as know Magellan will turn it around to get their performance fees and then returns will flow to holders
 
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