It was a bit of a wild ride to close out February!!
I have an NTA estimate at around 2.36 (+/- 4c) depending on how portfolio was managed in the last week of the month and my currency assumption was +1.84% for the month.
I did note they took the cash weighting from 4.7% up to 9.6% coming into Feb so a positive defensive move for February results.
Am keen to see if they took the cash weighting up further prior to or during the 10+% market fall,
my short term view is still a hold based on overall market as it doesn't seem bottom to me, but still a good buy at current level for long term..
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It was a bit of a wild ride to close out February!!I have an NTA...
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