ALF australian leaders fund limited

How Long Has Everyone Held ALF for?

  1. 51 Posts.
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    After reading most of the recent threads the general consensus is that the manager (esp. Justin Braitling) is no longer any good and should be removed and the cash returned to us shareholders, and some people have even mentioned that they are willing to sell now and receive 75cents in the dollar of the assets they own as a shareholder, as its not going to get any better.

    There is some extremely negative sentiment (anger even), and so I was curios how long everyone had been holders of ALF? I am curious, because I have been a holder now for a couple of years. My return is about approximately -9%p.a., when an ASX 200 listed fund would have returned me approximately +11%. I am curios how long everyone has held ALF for because, whilst I am hugely disappointment with my performance through ALF, my original investment thesis still stacks up: strong long-term track record (2% out performance since inception), Significant discount to NTA and some portfolio protection as they are position market neutral.... Interested to hear how long others have been holding for.
 
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