Have been buying this stock during 2016 up 30% and more to go with the dividend announcement
Bought in Following Tempus's recommendation this morning and in view both of the wide discount (almost 24%) to nav and of the high exposure to the US and Germany, i have bought 10800 shares at 70.50. Pays a divi too.
Re: Currency Not hedged per their financials - no idea where to look up hedged vs unhedged sorry - apart from going through their financialsFD
Currency Does anyone know whether the pound is hedged against the euro in this IT? Anyone know where to find which funds are and which aren't?
Re: Results out Thur OK 250.8 was feb nav18.6% discount - lots of valuation upgrades as most eur indeces on a tear next timeFD
Results out Thur Went through last results - fx changes etc and think the results on Thur will show a NAV of 262 vs 205 price - a discount of 21.9%.Think mainly due to being hit for the 50% of investments in euros but there are 20% in USD and 23% in GBP - all indeces up especially eur ones. Might not be so high this time but if the stimulus helps EU ten this is a good place to beCheersFD