Capital Raising Owning ETF’s

In by Jason PageLeave a Comment

Jason Page

Hi Guys,

There is significant capital raising activity going on at the moment. If you own the shares, and have the money individuals can take advantage of this.

I am curious though if you invest in either an ETF or LIC, is this opportunity still available to the fund or company?

For example NAB is holding a capital raising program at the moment. If I owned VAS or AFI and they hold NAB, how do I know if the managers in charge are taking advantage of the discounted prices? Or would they be able to take advantage of a ‘sophisticated investor’ purchase?

Any ideas is appreciated.

Best regards

Jason Page