Further to my earlier straw, the fund has imposed a 6% redemption fee which will reduce to 0% by the end of the year, presumably to avoid arbs doing exactly what I suggested in my straw!

Not a trade we can do on SM, but Forager is proposing to delist its Australian fund because of a persistent discount to NAV. There is probably +/-10% on the table if you’re prepared to take the risk on the Forager portfolio.