WAM 0.99% $1.54 wam capital limited

Some home truths - Livewire contributor Chris Brycki, page-52

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    I think it's also worth noting that WAM calculates its performance fee on the "before fees figure" so even though it underperformed the index over 3, 5 & 7 years, it would still have been liable to pay up a performance fee as long as it out-performed before fees.
 
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