RE:LCS only split fund trading at a discount makes sense since it was between 5 and 3 last 2 months, that's the game with these A shares. when they drift below 6 they will rapidly approach or undershoot nav, like a moth flying into a light bulb. that's why i say anything that's looking like sub 7, keep a close eye because as it goes below 6, the drop can be fast. LCS is the worst of the bunch, extremely narrow focus, lifecos not really doing much, distribution is 7.5 cents instead of 10 for the others. this is a trade when it hits 3s not a buy and hold