LIC & LIT LICs and cash reserves

Discussion in 'Shares & Funds' started by twisted strategies, 14th Nov, 2016.

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  1. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    1st Jul, 2015
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    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. 158

    158 Well-Known Member

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    18th Jun, 2015
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    Location:
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    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
     
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