Great post. The current discount on MGF is insane.
Bit of maths for anyone trying to split the two: Buy $1000 of MGOC and take your 9% annual return minus fees = approximately $75 profit. Or Buy $1000 of MGF and have $1180 worth of underlying assets earning you $87 annually after fees.
Works the other way on the downside too and obviously ignores the risk of the discount moving but if you plan to hold for 5+ years it's hard to argue with having your fees essentially waived by the discount.
MGF Price at posting:
$1.67 Sentiment: Buy Disclosure: Held