7 Reasons to support the wind up of AGF

Jon Snowball

Fund Manager

1) You will be able to exit AGF at a price close to the NAV per unit; 2) The risk is high that the historical discount will return if the Fund continues to operate; 3) A large discount is likely to persist with AMP’s inadequate measures; 4) AMP has major conflicts of interest in dealing with the discount; 5) AMP has repeatedly ignored positive and fair ways of dealing with the discount; 6) Only the RE can open-end AGF or allow periodic tenders or buybacks; and 7) AMP has not managed AGF well, charging high fees for underperforming the benchmark. Please click the link below to read our full letter regarding why a wind up of AGF is in the interests of all unitholders. Please support Resolution 2 by voting “FOR” the wind up of AGF at the Extraordinary General Meeting in Sydney ‪next Thursday, 28 July 2016. (VIEW LINK)


LIM Advisors was founded by George Long in 1995. The firm is based in Hong Kong with additional offices in Tokyo, Beijing, London and New York. LIM Advisors employs a multi-strategy investment approach across the Asian region with a focus on low...

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