Hedge funds or actively managed funds have historically operated on a 2/20 rule. 2‰ of assets, 20% of performance. Thankfully with widespread lic and etfs listed on asx these numbers have come down.
The original commenters point stands. You are being disingenuous with the percentages if you say they pay 7‰ div, but 13% fees. The 7‰ is based on total assets, while your 13‰ is based ln earnings. Its not a fair or honest comparison.
Can quibble if wilsons are good managers or not, but maintain a level of intellectual integrity and honesty around your points. I am (nor is anyone) paying 13‰ of the money they invested each year in fees, it would imply wiksons have to make 13‰ just so investors break even. Its just wrong.
The 1-2 ‰ (or less) mer that is thrown around is based on total funds.
- Forums
- ASX - By Stock
- WAM
- Ann: Change in substantial holding for PAF
Ann: Change in substantial holding for PAF, page-21
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAM (ASX) to my watchlist
|
|||||
Last
$1.52 |
Change
-0.005(0.33%) |
Mkt cap ! $1.692B |
Open | High | Low | Value | Volume |
$1.52 | $1.53 | $1.52 | $628.2K | 412.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 34709 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 34709 | 1.520 |
6 | 266544 | 1.515 |
9 | 98494 | 1.510 |
4 | 87500 | 1.505 |
20 | 95645 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.525 | 30000 | 1 |
1.530 | 51015 | 5 |
1.535 | 407005 | 4 |
1.540 | 115836 | 9 |
1.545 | 366200 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
WAM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online