Originally Posted by
Beagle
Another big week for the Barramundi portfolio with NTA up 1.7% despite the big jump of the Kiwi dollar against the Aussie dollar yesterday, (caused by the surprise RNBN decision). If it weren't for that the large currency change yesterday, (which may not be enduring), their portfolio would have jumped about 3% in $Kiwi term last week.
Discounts to NTA at present
BRM 6%
MLN 4%
KFL 2%
Best bang for buck of the Kingfish group remains Barramundi at present. All funds pay out 2% per quarter tax free as they are a PIE (based on NTA).
Next quarterly dividend, late December.
Disc: Large holding in Barramundi and signed up to the dividend reinvestment scheme which gives you shares in lieu of dividend at a 3% discount to market value.
Also hold Marlin Warrants for exercise 6 November 2020.