I am not down on AAD I.A.T.O. and am happy holding especially with an environment of low interest rate expectations. I agree with the point you are making that the increasingly diversified collection of businesses in AAD have made it more robust. Nevertheless the poor AMF result was a surprise which was the difference between an average and a good result.
No point pretending it met my expectations though.
AAD Price at posting:
$1.53 Sentiment: Hold Disclosure: Held