Picked up a small batch of Kinnevik B shares this morning at the open at 250 kr on the news that they will propose an extraordinary cash distribution of SEK 18 per share in addition to common dividend of 7.75.
Been discussing the merits of investment holding companies vs a funds with my brother and we both agree some are interesting propositions as often valued below NAV and provide focused yet diversified investment. This is a minor side step from my usual fundamental dividend investing strategy, but I like Kinnevik as a growth story given their focus on long-term tech and online new ventures so a small position is acceptable.
Been discussing the merits of investment holding companies vs a funds with my brother and we both agree some are interesting propositions as often valued below NAV and provide focused yet diversified investment. This is a minor side step from my usual fundamental dividend investing strategy, but I like Kinnevik as a growth story given their focus on long-term tech and online new ventures so a small position is acceptable.
No comments:
Post a Comment