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
Ann: Net Tangible Asset Backing, page-16
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Last
$1.23 |
Change
0.000(0.00%) |
Mkt cap ! $920.8M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.23 | $1.286M | 1.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70654 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 27325 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PL8 (ASX) Chart |