Trading around the NAV:$1.45 .. Just checking how Forager is navigating the markets.

1yr return 2.38% ( net of fees ) so the 'experts ' are looking like amatures.

Though funds under management is $340Mill. so Steve should be able to draw off a salary there.

FASF_MAY23.pdf (foragerfunds.com)

FUND CHARACTERISTICS • Concentrated portfolio of ASX-listed stocks • Long track record in identifying unloved gems • Restricted fund size allows investment in smaller businesses • Strong focus on managing portfolio risks • Listed on ASX as a Listed Investment Trust (LIT) • Structure offers Forager flexibility in distressed markets

With approximately $340 million of funds under management and a focus on long-term investing, Forager Funds is a unique Australian asset management company.

Trading Circa the NAV is $1.45 so not overpriced at present