AGF amp capital china growth fund

yes very happy with last couple of daysIn some ways it looks...

  1. 564 Posts.
    yes very happy with last couple of days

    In some ways it looks like we are mirroring last year ( albeit with a slight lag) - I must say I feel for Swuzzlebubble each time everyone asks for an NAV estimate - its not that hard to get a feel for where the fund is at daily by looking at the funds top stocks - they are listed each month on the funds web site - and the live prices are available on various web sites.

    It is important to know the stocks the fund holds as the dividend last year contained a large component of capital gains from stocks sold, not just realised dividends.

    The broader composite does give some indication of were the stock is at - but Alan Kohler's comments on the ABC news tonight that the Shanghai composite is down 40% this year - is not a true indication of where the the NAV of this stock is at.

    I am very bullish about this stock and AMP seem to have advisors in the right positions to make good calls in a market that is very volatile. Time will tell..

    It is unlikely that monthly NAV will be steady or predictably but if good annual earnings/dividends are continued the OZ stock price should hopefully track the NAV more closely and amortize at a nice rate

    good luck

    FWIW - my estimate is $1.68 -$1.74 +/- dividend



 
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