Did the end of CEF selling commissions signal the slow death of the industry?
Summary : It's not well understood, but the majority of ASX CEFs only came into existence due to selling fees (typically 1-2%) paid to financial …
Showing posts from July, 2023Show All
Is Geoff Wilson correct about why LICs trade at discounts?
Summary : Geoff Wilson consistently claims it is straightforward for ASX LICs to trade near or even above NAV: they just need to perform well, commun…
Which activist funds are now targeting ASX CEFs?
Summary : Contrary to the claims of ASX Closed End Fund (CEF) boosters, the industry is destined to shrink over time. Until now, the protaganists for…
PIA - Pengana International Equities - Cheat Sheet
Summary : The ASX is plagued with massively underperforming CEFs at huge discounts but little shareholder activism to wind them up and extract the NA…
SB2 - Salter Brothers Emerging Companies - Cheat Sheet
Summary : At 30th June 2023 , you could buy $1 worth of Salter Brothers Emerging Companies LIC (SB2) assets for just 73c. Geoff Wilson says buying a …