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
yes very happy with last couple of daysIn some ways it looks...
Add to My Watchlist
What is My Watchlist?