I don't like it. Given that ARG has been so successful for almost 70 years with its low-fee, low-turnover approach, why do precisely the opposite with ALI? The prospectus states that annual turnover is expected to be 50% of the portfolio, and the management fee is 1.2% of assets for the first $500m. Sure, ARG will do well as the manager of the fund...but, I fear, not as a shareholder.
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Last
$2.32 |
Change
0.000(0.00%) |
Mkt cap ! $412.4M | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.34 | $2.31 | $361.3K | 156.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10800 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 5505 | 1 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| ALI (ASX) Chart |