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14/04/18
14:58
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Originally posted by Target2017
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Is there a way to find out what their investment limit may be? Someone recently said that some funds are restricted to the value of shares they are allowed in a company with a market cap of less than 100mil. Should the market cap quickly go above 100mil, eg with a positive announcement, then might Platinum then not to have sell, which would result in a more rapid rise in share price? It seems that they have been keeping the brake on share price due to their charter. Does that assumption sound reasonable?
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Hi Target according to the Platinum’s PDS the preferred max exposure to any one stock is 5% of the portfolios value. Click in the following link for a copy of the PDS https://www.platinum.com.au/PlatinumSite/media/Default/pds11_030717.pdf
I hope this helps