ask most of the institutions, who missed out on huge returns for their unit holders, how wrong they think they got APT. I can almost guarantee that most won't be missing out this time.
looking at the Macquarie fund returns now, and sadly nowhere near some of the top performing 5-10 funds over the last 12 months. I can see about 10-15 funds who've all made well over 30% in the last 12 months. according to Macquarie, their best performing fund was emerging markets at 25%, the rest of their fund returns make me cringe, unless of course I was 80 years old....
anyway, happy to do your own research for you.
dyor
Macquarie Price Target $5.35, page-64
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