RE:RE:Bought some OSP.PR & Amarcrobert wrote: any idea what the risk is here. i have a lot of other brompton split funds, looking at this makes me nervous. are they required to keep this this going? how can the NAV be 0 but outstanding shares are close to a million. seems synthetic almost or notional. and what happens if they decide to wind it down because of the losses, i haven't looked at the prospectus yet...
The Unit NAV is @ 6.69 "preferreds" & the "class A" shares are @ 0. I presently have 1500 preferred shares @ $5.75. I dont own more than 20% of split funds in my portfolio as these funds are leveraged & have low volume. As for risk/reward, the oil industry should be bullish to 2030 after that my guess its a race to the bottom, but this is from a Tesla owners point of view.