No. Wasnt really available here then (to retail investors). I...

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    No. Wasnt really available here then (to retail investors). I think you need separate performance and lack of liquidity in that article. They performed because they were illiquid. But it doesnt seem to talk about redemptions. At the end of the day, illiquidity is just the price for holding real assets. PG make a lot of the Global Value Fund not freezing in the GFC (in the US), but I suspect it was because it was so tiny no-one cared. If we get a GFC mkII I would fully expect it to lock for a period. Personally, I don't see that as an issue providing a) you are still getting distributions and b) you make an appropriate asset allocation decision to it in the first place. There have been times where I have had close to 30% of my super in illiquid funds. But as I am decades away from retirement, that doesn't worry me at all.
 
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