Join our investing community

LICs and cash reserves

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by twisted strategies, 14th Nov, 2016.

  1. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    938
    Location:
    QLD
    in the last round of NTA announcements in LICs

    I have noticed several 'active ' mandates have moved BACK UP to 30% (plus ) in cash as of the end of last month .

    please feel encouraged to confirm for yourself , and exploit the knowledge as you see best .

    (DYOR)
     
  2. pinkboy

    pinkboy Member

    Joined:
    18th Sep, 2016
    Posts:
    11
    Location:
    Mackay, Qld
    I honestly noticed this as well. Perhaps even the best portfolio managers are not seeing opportunities at present. Or could be freeing up some powder to seize opportunity. I imagine they deployed some during last weeks election.

    pinkboy
     
    twisted strategies likes this.