LICs, page-310

  1. nicleeson
    2,354 Posts.
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    04/09/18
    14:39
    Post #: 35405120
    Wow looks like you are correct on the fees woollydog. I worry again that some will come into the secondary market in the first month or two and pay a premium to NTA because of the media hype.

    Given the fee structure then the inevitable 15-20% discount to NTA probably develops a year or so down the track..
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