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Navra Warrant Strategy

Discussion in 'Managed Funds & Index Funds' started by ActiveTrade, 5th Apr, 2008.

  1. ActiveTrade

    ActiveTrade Well-Known Member

    Joined:
    5th Apr, 2008
    Posts:
    78
    Location:
    Sydney
    Hi all, first post ...

    Just curious when moving to warrants from ML.

    I currently re-invest dividends back into the Navra fund with more ML $$$'s (once $$$'s have been taken out to maintain IP portfolio ) and re-balance to ensure I remain with an LVR of < 55% following a dividend payment.

    My understanding is that you must wait until the reset date to "re-balance" your portfolio. Will folks just invest in Navra units directly with no ML or warrants ?

    Sorry ... I am a little confused here and hoping someone can clarify.
     
  2. seaview

    seaview Well-Known Member

    Joined:
    8th Jun, 2006
    Posts:
    77
    Location:
    NEWCASTLE
    Good question,
    Sorry I can't help, but I hope someone has a crack at answering it, especially since it is your first post.
    Cheers
    Seaview