IXC - IXC: Oil And Gas Stocks Are Probably Trading At Fair Value Although Further Upside Is Possible
- IXC invests in oil and gas stocks.
- The portfolio is priced for long-term decline.
- Nevertheless, an IRR of up to 10% is still conceivable.
- I would remain neutral on IXC though, as I think the market is pricing the fund fairly, on account of the fund's historical volatility and fundamental risk.
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IXC: Oil And Gas Stocks Are Probably Trading At Fair Value Although Further Upside Is Possible