Please tell me the etf that mimics MHH as i want to transfer my...

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brown2348

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11/06/21

07:44

Post #: 53782631
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Originally posted by ROEROC: ↑

These sort of fund should always trade at a discount to NAV, it not undervalue because it trades at a discount to NAV, it trades at a discount to NAV for a few reasons

1. The fees is outrageous, I mean 1% plus performance fees? you can buy the same stuff in ETFs for 1/5 of the fees so over time fee just eat away your money and hence the discount.

2. it is a closed end product that mean there is potentially liquidity issues, good luck trying to get out in a hurry if there is no buyer where as ETFs has redemption/creation feature so no liquidity issue

Days of LICs and closed end product charging high fees are over, you can replicate the same thing in ETFs for a fraction of the cost

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Please tell me the etf that mimics MHH as i want to transfer my holdings

MHH Price at posting: $1.53 Sentiment: Buy Disclosure: Held
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Please tell me the etf that mimics MHH as i want to transfer my...

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