Difficult to get head around this one.
Infrastructure fund is ok but 9.8% p/a returns with dividends is average
Just poor global fund manager if not in bull cycle. They don't capitalise fully on the way up and because they invest in mostly rubbish from Asia they get full affect to downside even if they do hedge and probably not the right way. Its the poor man Cathie Wood fund from Asia and I must say Cathie Wood is a superior investor running a superior fund despite being invested in rubbish...and that says something.
Need more evidence of this investment philosophy turn around.
Fund managers are usually rubbish investments anyway,
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