This shouldn't be considered as an advantage of WAM over AFI. I wouldn't be too happy if AFI was holding 13% of its portfolio in cash. If I want...
In AUI's 2022/23 Annual Report, ARG were actually AUI's second largest shareholder, owning 8.5% of it. Just missed out on being in ARG's top 20 at...
Thanks @dunno, some great detailed analysis there, makes sense, and a great numerical example too. That's why I love this forum, always lots of...
Do you get the feeling that being the investment manager at AUI/DUI would be a fairly cushy gig? Almost as cushy as their marketing manager's job!
I was going to add that there's also the added bonus of potential LIC capital gain tax deductions, but then remembered that AUI and DUI didn't...
Since we're talking discounts, I see the latest Bell Potter report shows that AFI and ARG have both now drifted out to discounts above 5%. That...
Sorry @ASXGJ1, maybe we're getting confused with terminology here. When @Isla_Nublar says "they sold more shares than they bought" s/he is talking...
@Isla_Nublar and @SatayKing are correct. That screenshot has nothing to do with capital gains - it is simply the proceeds (how much they received)...
If you believe that their portfolio manager and CEO are no good, and that this has led to poor performance, then you really need to question why...
I don't think there is anything to correct - the Income Statement and Cash Flow Statement each measure different things. I have to say that I was...
What could Trump (and his many backers) do for 4 years and beyond if he IS re-elected, and decided that future elections, fair elections, free...
The same could probably be said for the typical investor in the old school LICs. An interesting snippet I got from the recent Argo AGM was from...
Likewise, picked up some more ARG and AFI today, one of those nice days where the ASX goes up but the big LICs stayed roughly the same, hence...
That was my impression too, but I can't recall where I'd originally got that 10% figure from (maybe here). Out of curiosity a while ago I went...
Don't forget there's a lag between the RBA moving interest rates and the flow through to economic activity and company profitability. Depending on...
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