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  5. VNP: Hi, If I own CLS (1/2 position) and MU (1/2 position) already, would there be too much duplication to take out a 1/3 position in VNP as well? [5N Plus Inc.]
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Investment Q&A

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Q: Hi,

If I own CLS (1/2 position) and MU (1/2 position) already, would there be too much duplication to take out a 1/3 position in VNP as well?

Thanks very much, Michael
Asked by Michael on April 17, 2026
5i Research Answer:

VNP has general semiconductor exposure but we still think these three are different enough so that all could be owned. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in MU.