Post by
mouserman on Feb 07, 2024 10:59am
DFN unit nav in realtime, @ approx: $14.88
So buyers are jumping on DFN commons again today, and must see something i do not.
Reality is that the UNIT NAV continues to sag, and i dont see a sudden turnraround imminent. Never fall in love with split fund commons that are underwater. Past results DO NOT guarantee future positive results.
Comment by
mouserman on Feb 07, 2024 11:20am
By the way LFE realtime UNIT NAV is $14.95........last trade at $4.40....just saying.
Comment by
flamingogold on Feb 07, 2024 12:15pm
LFE making payment status has been a harbinger of market tops. II wonder, is it different this time or not.
Comment by
mouserman on Feb 07, 2024 3:06pm
I think it was only a matter of time before LFE blew past DFN and others... Lifecos have outperformed the banks and even the diversified split funds the past year. The interest rates being higher for longer only INCREASES the chances of LFE and LCS having a great year in 2024.
Comment by
mouserman on Feb 07, 2024 4:15pm
DFN UNIT NAV did end the day at the same number $14.88... LFE ended the day at $15.20 approx; We still have to wait and look at the month-end report to get the cash position proper along with weightings.
Comment by
flamingogold on Feb 07, 2024 12:30pm
The wild card here is that Quadravest can still declare for the month regardless of the current NAV and this is providing the premium for now.