Increased URF Position to 1.5 million shares

I bought another 500k shares of the US residential property fund, URF.AX. They have sold almost all the portfolio and most of the remaining stock is under contract or attorney review. The NAV is 18.5 cents a share and today's price is 16 cents. The Australian Dollar would need to rise to 80 US cents for the profit to be wiped out. I doubt that will happen by the end of the year.

My first purchase of URF shares was just 10,000 shares in August 2019.

My internal rate of return is now 9.5%. In the best case scenario, this will rise to 13.3% by December and the position will gain AUD 37.5k in value.