TGF 0.00% $1.40 tribeca global natural resources limited

Ann: Appendix 4D Interim Financial Report to 31 December 2021, page-5

  1. 105 Posts.
    lightbulb Created with Sketch. 48
    Sorry I was being a bit cryptic and sarcastic too.

    Affluence Funds make plenty of terrible picks, so this means nothing. E.g. TOP

    Likewise Bell Potter.

    Both are just jumping on a bandwagon after it's taken off.

    Meanwhile the numbers don't lie: NTA performance, TSR AND most importantly for the long run the TER - Total Expense Ratio which includes performance fees.

    The performance fees on TGF are appalling (no outperformance of any benchmark, 22% of all profits every 6 months, just a high watermark)

 
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