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NavraInvest site update ?

Discussion in 'Managed Funds & Index Funds' started by Here_To_Learn, 7th May, 2007.

  1. Here_To_Learn

    Here_To_Learn Well-Known Member

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    Anyone know what time the Navrainvest site is updated ?

    It's currently 3:05pm Monday May 7 and latest Navra YTD fund peformance information is dated May 3. :confused:
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Yes, that's correct ... sometime today (generally between 1pm and 4pm), the site is updated with the figures from the previous business day.

    In this case, we are waiting for figures from the 4th May (Friday) - which will come through later today.
     
  3. Here_To_Learn

    Here_To_Learn Well-Known Member

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    Thanks Sim.
     
  4. Nigel Ward

    Nigel Ward Team InvestEd

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    Now updated.

    Tantalisingly close to the $200m FUM mark!

    After today's movements I suspect it'll get there very soon.

    Cheers
    N.
     
  5. Here_To_Learn

    Here_To_Learn Well-Known Member

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    Almost 20% return too ... cannot wait for the next dividend payment ! :D :D :D
     
  6. Chris.R_WA

    Chris.R_WA Well-Known Member

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    I noted also that the retail performance YTD is greater than last financial years total...with nearly 2 full trading months to go, this could be a record breaking year:D
     
  7. voigtstr

    voigtstr Well-Known Member

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    Is this extra performance from volatility?
     
  8. Jayar

    Jayar Well-Known Member

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    Sorry for being a bit off-topic here, but are distributions re-invested treated as income by the ATO?
    Jayar
     
  9. Nigel Ward

    Nigel Ward Team InvestEd

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    Yes they are. But the character is retained, e.g. to the extent the distribution contains dividends with franking credits those are passed through, you get the benefit of any 50% CGT discount etc.
     
  10. Jayar

    Jayar Well-Known Member

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    Thanks, Nigel.
    Understood.
    Jayar
     
  11. Nigel Ward

    Nigel Ward Team InvestEd

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    site update

    The latest update on performance is on the site...

    Some outperformance over the month which is good to see!

    The cash holding is huge... around $93m assuming $201m+ FUM

    N.
     
  12. Alan

    Alan Well-Known Member

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    Gee Nigel.....I hope they have a sign on the front door saying 'NO CASH OR CIGARETTES KEPT ON PREMISES AFTER HOURS" !!!


    ;) :D
     
  13. Glebe

    Glebe Well-Known Member

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    It takes until May 18 for the April update? Hmm...
     
  14. perky

    perky Well-Known Member

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    Its a shame it takes until the 17th each month - I wish it were sooner too.
    The info in the update is very good too.

    Amazing to see the cash holdings each month climb - 46% and its still tracking the ASX200 quite well.
    So they are obviously of the belief that a correction will happen quite soon, and then they can cash in.
     
  15. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Don't forget that the fund is quite prepared to go to 100% cash.

    I don't think they "believe" that a correction will happen - I think that they have just responded to the rising market. Reaction, not prediction.