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Fat Prophets Global Property Fund ( (AU:FPP) ) has shared an update.
Fat Prophets Global Property Fund has initiated the termination process of its operations, with the Investment Manager set to liquidate the portfolio in a manner that prioritizes the interests of unitholders. Consequently, the on-market buyback will be closed, and the required forms will be submitted to the ASX. The company has committed to providing further updates as more information becomes available, indicating a structured wind-down process and communication plan for stakeholders.
More about Fat Prophets Global Property Fund
Fat Prophets Global Property Fund is managed by One Managed Investment Funds Limited, a company specializing in investment management. The fund focuses on global property investments, catering to investors seeking exposure to the property market through a structured investment vehicle.
YTD Price Performance: 9.62%
Average Trading Volume: 26,806
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.3M
Find detailed analytics on FPP stock on TipRanks’ Stock Analysis page.
