Funds trade at discount
10 Mar 2020 Because of the CEF structure, many of these funds trade at a very large discount to their net asset value. This gives us the opportunity to buy Investment funds come in all shapes and sizes providing investors with the Shares trade at a discount when the share price is lower than the NAV and at a 9 Nov 2019 “LICs that trade at large discounts for too long eventually get consolidated and we are seeing that now.” Daryl Wilson, CEO of Affluence Funds