GJT galileo japan trust

It might be worth about 80% of NTA once this goes through - you...

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    It might be worth about 80% of NTA once this goes through - you need to be aware that ballpark 20% of net cashflows will be going to the "manager" for merely existing as their 0.4% of total assets (ir)responsible entity fee.

    There is also currency risk, and Japan's economy is arguably over-leveraged. Also we don't know to what extent maintenance may be getting left behind in the interests of cashflow "now" - eventually this can catch up if it is a problem.

    I might be wrong about something, so just check all the details before you get excited about the NTA and yields.

 
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