Is Australian Leaders Fund a Buy?

With Australian Leaders fund at an all time low is it now a buy?

 

A: Thanks for the question about Australian Leaders Fund (ALF).

In case you are not aware, this is not your typical “long only” equities listed investment company. Please refer to the attached presentation from their AGM last week.

On the basis that the NTA (after the return of capital) is around $1.21, then the shares at around $1.04  look interesting (if this type of investment suits.)

Hope this helps


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