brucecohen wrote:I believe that fund owns actual properties. So does one of my pension fund clients. They told me that buildings are valued only annually, near fiscal yearend. GWL might have the same practice and a fiscal yearend of Dec 15 or Dec 31.
Thanks for the info, it makes sense. I know the fund does hold actual properties, and when I looked at it a couple of months ago I was surprised to see that its NAV was still rising.
I guess I should have investigated a bit more at the time to see how the fund actually works, but it's only a very small portion of my portfolio, so I've never paid it too much attention.