CoffeeDrinker8899
Member
- Joined
- Apr 4, 2023
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My guess is the instant withdraw is executed on the Maribank side rather than LionGlobal side, as long as they have more subscriptions than redemptions at a given period, they will have positive cashflow. In theory they can tap on the positive cashflow to payout first without needing to make an actual redemption from LionGlobal.as per Mar factsheet, 8.4% cash equivalent = $27.3m. it should be enough not to sell any holdings.
https://lgi.dzhintl.com/doc/uploads/documents/index.php?type=FS&fid=OFBF&lang=EN
