MGF 0.00% $2.21 magellan global fund.

Great post. The current discount on MGF is insane.Bit of maths...

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    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.
 
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