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What's the difference between CMHY & IPE?
Paul Gulbrandsen
Posted: 04 February 2018 15:26:50(UTC)
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CMHY is on a 3.3% discount whereas IPE is on a 4.6% premium. Both IT's share the same management team & 6 out of their respective top 10 holdings are the same. IPE's yield is slightly higher but hard to believe this would justify the difference. Any ideas?
Ark Welder
Posted: 05 February 2018 01:36:09(UTC)
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Gearing. IPE has had higher levels of gearing over recent years which has worked in its favour and delivered higher NAV growth - and past performance is a pretty good guide to future buying patterns.
3 users thanked Ark Welder for this post.
dyfed on 05/02/2018(UTC), what me, worry? on 05/02/2018(UTC), dlp6666 on 07/02/2018(UTC)
Paul Gulbrandsen
Posted: 05 February 2018 06:25:15(UTC)
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Joined: 20/10/2015(UTC)
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Thanks Ark Welder.
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