I think HFA has a little bit of a problem in the short term as some are pulling funds out of hedge funds in fear that the market may be depressed for some time. Also with S & P giving the Diversified Investment Fund an "On Hold" rating, this will reduce inflows into HFA. If S & P change their rating back soon, then we may see more funds flowing into HFA, and stem some of the overall outflow of FUM.
I think that this year will be a little tough for HFA, but realistically if you take a 2-3 year approach when investing in HFA, then IMO HFA looks very cheap.
I think HFA has a little bit of a problem in the short term as...
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $967.5M | |||
| Open | High | Low | Value | Volume |
| $1.91 | $2.03 | $1.91 | $918.8K | 461.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28261 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 230134 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NGI (ASX) Chart |