The LinQ between recognition and frequency

fund manager investors chairman

8 October 2007
| By Sara Rich |

Resources specialist LinQ Capital has assured investors that the sector’s outlook remains positive despite recent market volatility.

The fund manager’s chairman, Gordon Toll, said this would be recognised as more regular net tangible assets (NTA) performance announcements for the LinQ Resources Fund are provided to the market.

The manager has just released the fund’s September results, which showed 18 per cent NTA growth for the month.

“The board recognises that announcing the fund’s NTA monthly does not allow the LinQ unit price to trade in line with the fund’s NTA performance and these latest performance figures underline why we have commenced more frequent NTA announcements,” Toll said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 13 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 19 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 17 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 20 hours ago