Stockchase Opinions

Daniel Straus Sustainable Innovation & Health Dividend Fund SIH.UN-T DON'T BUY Aug 21, 2024

Closed-end fund, not an ETF. Interest in closed-end funds has diminished in favour of ETFs. Can't be created or redeemed intra-day. Trades at discount to NAV, which can't be arbitraged away. Discount can always go lower.

Holds private holding companies, such as healthcare royalties. Additional risks including liquidity. Buying or selling a large position or quickly can really move the price around, which doesn't happen with an ETF. If you want Middlefield's active management, look instead at MINN.

$12.610

Stock price when the opinion was issued

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