VPG 0.00% $1.79 vodafone group plc.

something has gotta give here..., page-19

  1. 1,561 Posts.
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    "This means its high fee revenue it earns via managing funds is gone."

    From the half yearly investor presentation:

    "Long dated contracted funds with no redemption facilities1
    — Wholesale investors undertake rigorous due diligence and then invest for the life of each fund (7-10 years)
    — Annuity income stream
    — Weighted average expiry has increased to greater than 6.5 years (following EIP extension)"

    I suspect they will have a little bit of revenue for the next few years!
 
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