LSF 1.59% $3.10 l1 long short fund limited

IPO - L1 Long Short Fund Limited, page-61

  1. 18,471 Posts.
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    Given LSF still had potentially 40% of funds to invest as at 10 May, it will be interesting to see if they’ve managed to establish favoured positions with their stockpile of cash as prices fell (eg, Italian Banks). Who knows, maybe they’re still not fully invested.

    Also worth noting that the share price has kind of tracked the performance of it’s unlisted brother, so maybe a lower May NTA is already baked into the cake to some extent.
 
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