BNB$740.26+0.09%BRENT$101.23+3.38%BTC$78,615-0.27%COPPER$6.8+0.84%DJI$52,472-0.59%DOGE$0.0888-0.23%DXY98.74-0.05%ETH$2,490-0.23%GOLD$4,419+1.45%NDX$29,426-0.28%SILVER$67.9+3.26%SOL$103.51+0.03%SPX$7,643-0.40%US10Y4.83+0.50%VIX16.23+3.24%BNB$740.26+0.09%BRENT$101.23+3.38%BTC$78,615-0.27%COPPER$6.8+0.84%DJI$52,472-0.59%DOGE$0.0888-0.23%DXY98.74-0.05%ETH$2,490-0.23%GOLD$4,419+1.45%NDX$29,426-0.28%SILVER$67.9+3.26%SOL$103.51+0.03%SPX$7,643-0.40%US10Y4.83+0.50%VIX16.23+3.24%
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Bill Ackman's Fund Sells at 20% Discount Amid S&P 500 Surge

Key takeaways

  • Bill Ackman's $5 billion fund is trading 20% below its net asset value, even as the S&P 500 rises, raising concerns about high management fees.

Analysis

Bill Ackman's $5 billion fund is trading 20% below its net asset value, even as the S&P 500 rises, raising concerns about high management fees.

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