Any one got the exact date when we received our third cent return of capital?. Management fees to Wellington Capital Ltd were capped as of 2 years from that date. Did Ms Hutson, managing director already envisage that the Premium Income Fund would be worth nothing by then? I would like to see a break down of what gross amount was recovered from the sale of PIF assets, what PIF unit holders received opposed to what Wellington Capital Ltd retained relating to operating/management expenses. A far cry I imagine from statements such as "Ms Hutson has vowed she will return full value to unit-holders over the next three to five years" Sept 2008 http://www.goldcoast.com.au/article/2008/09/19/16504_gold-coast-news.html
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2.4 cents per unit as at 30 june 2013, page-2
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