Ann: November 2022 Investment Update, page-6

I think for me the most frustrating aspect has been that a fund manager with a long and proud history of actively managing and marketing LIC'S to try and make sure they don't trade at a discount (and has also recently launched WAR based exclusively around this concept) has stayed completely quiet on the now very significant under performance of WGB over a long period of time. There's been no plan outlined to close the NTA gap and in the recent presentations they simply stated what the current discount was rather than having a plan to address it. Another thing I've brought up a few times already is how strange I find it that WGB's underperformance get's no coverage at all in the financial media. The AFR is often roasting other fund managers that have the same problem but there's no pressure applied on WGB.