AGF is again trading at a discount of more than 25% which the managers/responsible entity need to address. It is also a poor reflection on AMP which is allowing this to happens for years and years despite countless demand from unit-holders to close the discount gap.
At the end of the day unit-holders are the one losing out because they can only sell their asset for $1.73 while the NAV is around the $2.30 mark.
AGF Price at posting:
$1.73 Sentiment: Buy Disclosure: Held