New IPO - Monash Absolute Investment Company

OK, another new LIC coming soon http://www.monashinvestors.com/MA1-Prospectus-23-Feb-16.pdf
Australian long/short with a small cap bias. Monash also run an unlisted version of this strategy which has done pretty well, albeit with a shortish track record. Performance as follows against the ASX300 Ac. Index.
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Looks potentially interesting. Will be watching with interest. Only a small raising size, max. $100m so liquidity on the low side for a LIC.