An investment expert says shareholders in Salvus Strategic Investments will be better off if the investment fund is wound up.
The fund's board is considering selling its $20 million share portfolio and giving the money back to investors, as it lacks scale.
The move follows investment vehicle Guiness Peat Group's decision to sell nearly all its $1.3 billion portfolio and give the money back to investors.
Publisher of the investment website goodreturns.co.nz Philip MacAlister says it is common for smaller funds to struggle with a low share price compared with the value of their investments.
