You have it 100% correct. PTM will either live or die based on their fund performance, relative to the index, and relative to their their management fees. I'm personally happy to pay a performance fee if the fund manager exceeds the index (and their peers in the sector) on a consistent basis. See my posts in the forum under Topics / Managed Funds in HC.
Ann: Funds Under Management - May 2024, page-42
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Last
$1.03 |
Change
0.020(1.99%) |
Mkt cap ! $596.7M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.03 | 99.0¢ | $2.003M | 1.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96705 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 27412 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PTM (ASX) Chart |