Normal
The concern for a listed fund like this is when sentiment in the market is poor the fund can and probably will trade under NTA value. It happens a lot. It is kind of the trade off for liquidity.Better to wait and be a buyer when this happens rather than participate in the IPO at a 5% haircut.
The concern for a listed fund like this is when sentiment in the market is poor the fund can and probably will trade under NTA value. It happens a lot. It is kind of the trade off for liquidity.
Better to wait and be a buyer when this happens rather than participate in the IPO at a 5% haircut.
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