Tag: AMP Capital China Growth Fund

DANGER IN LICs?

I came across a couple of articles in the last week or so that reminded me we are indeed in buoyant times with regards to the appetite for new LICs, reminding me about the times just before about 2005. This eventually spelled trouble for many as they were hit with widening discounts to NTA after the GFC. Continue reading “DANGER IN LICs?”

CYA, NGE, REF, MVT, AIK, AGF, CEE:US, TTS, CLT, SVWPA, APW.

CYA – Still looks quite cheap at 90 cents when the ASX200 is around 5,550. Wilson put out their document and it looks like this will simply be a vehicle with a mix of the WAA and WAX strategies. Continue reading “CYA, NGE, REF, MVT, AIK, AGF, CEE:US, TTS, CLT, SVWPA, APW.”

Seinfeld, active fund managers underperforming, the pound and IG markets, AGF & KAR / NGE.

Seinfeld & fund managers underperforming

Firstly I want to touch on the volatility in the pound. Most of this year I have broadly favoured looking for foreign currency exposure when AUD/USD is above 75 and more so at 77 as a guide. Continue reading “Seinfeld, active fund managers underperforming, the pound and IG markets, AGF & KAR / NGE.”

AGF – The only way to invest in USD cash with a decent yield?

Last time I wrote about being underweight the AUD I suggested above 77 on AUD/USD was attractive to make such an underweight more meaningful. I would ideally like to be about 10% underweight around here, but stock selection is my main focus and I never like having too much in derivatives or low yielding assets to get to such a target. One way in which I have now managed that recently is by buying some AGF and also the GOLD ETF on the ASX which I already mentioned this week, more so when the AUD/USD around 76.4 but some higher. Continue reading “AGF – The only way to invest in USD cash with a decent yield?”

FRUSTRATED HOLDER OF APW (AIMS PROPERTY SECURITIES FUND)

Apologies as this probably turns into a rant because I am annoyed at not selling all of my holding in APW a bit over a year ago. As a bit of background I became involved with APW after they changed name and survived a resolution for a wind up, yet before they won a lawsuit giving the NTA and share price quite a nice kicker. Continue reading “FRUSTRATED HOLDER OF APW (AIMS PROPERTY SECURITIES FUND)”

COMMENTS ON RECENT TRADES – AAC, MVT, CYB, HHV, GVF, EVN, KBC, AGF, SSM, WCB, RNY.

I have been posting about more general themes of investing styles of late so now I wanted to get up to date in terms of providing more detail about recent trades, or news on companies I own. Continue reading “COMMENTS ON RECENT TRADES – AAC, MVT, CYB, HHV, GVF, EVN, KBC, AGF, SSM, WCB, RNY.”

The China stockmarket boom that never happened, and AGF.

AGF – I have mentioned this previously as a potential buy and I pulled the trigger at 83 cents this week for a few reasons. Since they started to get serious about measures to reduce the NTA discount it has probably improved a little to have been in a range of 15-18% of late but I was estimating this could have nudged out to almost 19% when I bought. Continue reading “The China stockmarket boom that never happened, and AGF.”