Fat Prophets Fund Navigates Market Volatility
Fat Prophets Global Contrarian Fund Ltd. (AU:FPC) has released an update. The Fat Prophets Global Contrarian Fund reported a decrease in net tangible asset (NTA) backing in June, with a pre-tax decline of 7.19% and a post-tax decrease of 5.12%, attributed to market corrections in the resources sector, particularly in copper, uranium, and precious metals.
