Hunter Hall International Ltd (HHL) operates an investment management business which manages Australia's largest ethical investment trust, the Hunter Hall Value Growth Trust, as well as the Global Ethical Trust, the Australian Value Trust, the International Equities Fund and Hunter Hall Global Value Ltd (ASX code HHV), a listed investment company.
I had some money in the VGT a while ago but dumped all my managed funds in Jan.
I imagine all the funds are performing poorly at the moment, but not sure if they're outperforming the market or not.
One thing for certain, the market is factoring in a major reduction in their dividend.
Current pe is 6.6 and dividend is 14%!!
I wonder if this will be a turn around story at the other end of the recession/depression, or it's bound for the sin bin?