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Bell Potter LIC Weekly: CLF Hits A Premium

Bell Potter analyst William Gormly updates developments in the LIC market where after trading at a persistent discount to its pre-tax NTA, Concentrated Leaders Fund has achieved a new milestone.

US Presidential Election

The first presidential debate between Donald Trump and Joe Biden was marred by regular interjections and contempt for the moderator. Discounts appear to widen when the incumbent political party loses.

CLF Hits a Premium

After trading at a persistent discount to its pre-tax NTA, Concentrated Leaders Fund (CLF) has achieved a new milestone in light of the recent Wilson Asset Management takeover bid.

Bell Potter’s Indicative NTA tracks the ‘indicative’ movement of a LIC’s underlying NTA each month by monitoring the percentage movements of the disclosed holdings and using an index to track the movement of the remaining positions. The Indicative NTA works best with

For full details refer to the detailed report below or click here to download your copy.

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