MFF 0.26% $3.89 mff capital investments limited

MFF my favourite LIC, page-3

  1. 305 Posts.
    lightbulb Created with Sketch. 30
    MFF's been far and away my best performer from an average entry price from 2004 through to 2010 of 72c. My only concern is that it's a rather lopsided portfolio with over 30% in Visa / Mastercard. They obviously don't feel the need to rebalance to lessen risk, though that has obviously been the correct decision so far. Surprises me however that there hasn't been pressure from pension phase super funds to take some V/M profits, pay the tax and distribute a higher franked dividend.
 
watchlist Created with Sketch. Add MFF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.