i agree with your sentiments but my opinion is slightly different.
1% fees that they take is their wages basically so I don't have issues with that one but my biggest issue with WAM and majority of other funds who take bonus simply to outperform their previous poor performance. Funds should only be taking bonus when they outperforms market (not necessarily previous year performance of the fund).
if there is fund that is working like that then let me know.
WAM Price at posting:
$1.64 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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