Most of their larger holdings have done well. NZME has been their best performer. RUL and TGA also in the top 5 have been flat.
The discount has definitely shrunk! It is now only ~12% below NAV. Plus there will now likely be capital gain tax owed by the fund (us). All of my purchases in the past few months have been at least a 20% discount to NAV. I believe it will continue to shrink.
Is a discount to NTA a common theme for LICs?, page-28
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)