Ann: Funds Under Management - December 2021, page-80

Hi @Chella

There is about a 2-1 chance of the current performance trend continuing. This is likely based on no business change.

There is a 10-1 chance of performance stabilisation occurring, but there would need to be lower fees. See what is happening at the Institutional level.

A performance turnaround with no fee reduction is about a 20-1 chance of happening. This would be lower if fund investment strategy changes, however doesn’t appear likely.

What you are hoping for, is against the odds, it is inconsistent with what is currently happening. It can be done, but changes need to occur and external factors need to change portfolio prospects. Theee don’t appear likely.

Best of Luck
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