Thanks No, well informed as usual. I am not looking to international LICs, as my scope for buying LICs is to setup a Habitat Fund to fund local projects each year, which will need passive income, not growth. Also, I am of the opinion that international LICs will remain discount to NTA, as not dvidend paying and higher risks, bigger players, currency risks, geo political risks and larger research teams needed! They have done well recently I admit, but still have huge discounts. No doubt though, more quality stocks on offer, and like Platinum Internal Fund, things can go very well! I like CDM for international exposure, 40 pc of their portfolio has international exposure.
I think your right, CYA, SNC and WMK are all good value, and reasonable performance and income. I understand WMK quiet well, but own alot of ALF (who are currently similar neutral balance to WMK), same manager. CAM seem to underperform over a long period, so I've avoided them.
How do you see WAA playing out? Can it return to former premium? Or is WAX a better buy despite premium?
WAA Price at posting:
$1.00 Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)