Readers may feel that I have overdone the discussion on London closed-end funds in recent months. The reason I have concentrated on them so much is that they are a relatively novel asset as far as SA investors are concerned and therefore require a wide introduction.
It’s at times like now, when the current state of equity markets prevail, that a double-edged characteristic of investment trusts comes to the fore. During bear markets, they tend to open up discounts to the underlying asset value.
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Investment trusts have a double edgeAt the moment these funds are more keenly priced than they have been for several years
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Bold investment: Bok brains trust’s selection of Jantjies is braveFlyhalf is not the most popular among fans, and if Boks struggle to dominate Wales, he may face wrath from the stands So this is pure hatred, even if he plays well he'll get to be racially abuse. 🤦♂️🤦✈️🛩🥊🥊 He was never Sprinbok material anyway.
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