The discount is unacceptable.Metage Capital has written a strong letter to the managers demanding some action like a buyback. The fund's benchmark has increased 271% since inception but investors have only received a capital increase of 50% and dividends of a further 39% . according to Metage. The manager however , received a whopping $42m!!
AGF Open Letter - May 2015.pdf
The discount is unacceptable.Metage Capital has written a strong...
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