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Posted by
Two Blokes Mon at 10:30 PM -
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Stock
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FIHU offers unique India exposure, led by the Watsa family, but has lagged India ETFs long-term due to high fees and volatility. Recent performance has improved, driven by the BIAL stake increase and its first-ever operating profit, now over half of FIHU's assets. Despite 10% long-term book value growth, recent years saw declines and negative cash flow, with book value now below 2021 levels.
