PL8 plato income maximiser limited.

Ann: Net Tangible Asset Backing, page-16

  1. 11,168 Posts.
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    About the 0.8% management fee, how exactly is this paid? Does the 0.8% just get taken out if the value of pl8 portfolio? Like it does in ETFS?

    say you hold pl8 for 20yrs that's 16% of value of the portfolio that is now been paid to management right?
    or is this not how it works?

    does it still make pl8 a good long term 10yrs + buy and hold proposition? Or does the fee eat away too much value over the long term to make it a viable long term buy and hold investment?
    all opinions wanted guys
 
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