WAM 0.95% $1.60 wam capital limited

Ann: Ceasing to be a substantial holder for WIN, page-6

  1. 4,660 Posts.
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    I understand no one has crystal ball but nothing WAM portfolio manager & CEO did is impressive over last 5 years.. .below is performance of last 1 & 5 year from sharesight. We pay performance fees for this guys to perform better and they did got paid that over last 5 years but never performed so issue is CEO & portfolio managers and probably wilson is old enough to bother removing them ... IMO.... Wilson used to be dynamic but allowing this underperforming CEO & portfolio manager to continue underperforming while staying in job over last 5 year makes it easy for switzer to say everyone to sell WAM .. lol .. IMO.

    I know market is down which affect all LIC and ETF but this guys are worst out of AFI and ARG and many other LIC in my opinion.


    https://hotcopper.com.au/data/attachments/4472/4472169-2878cc4d10693cc6522e77378eb0c817.jpg


    five year performance from sharesight

    https://hotcopper.com.au/data/attachments/4472/4472173-bcbc058a855fee4a6551e3ff3ed74a5e.jpg


 
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