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Watermark market neutral LIC to launch buy-back

Watermark Funds Management will undertake an on-market, one-for-one buy-back for its global market neutral listed investment company, Watermark Global Leaders Fund (WGF), after announcing disappointing performance in 2016.

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Read more: PerformanceWGFWatermark Funds ManagementWatermark Global Leaders FundinvestmentLIClisted investment companyASX