The new way is to set their own benchmark so set a return of say 8% and pay a performance fee above that return. SOL actually had a property fund thst used that.
On the other hand you can reward management directly in the company. So the CEO here does oksy with performance rights etc.
I do believe that traditional LIC's are probably going to die as EFT's are cheaoer and the 1.3% plus performance fees make it almost impossible to outperform the EFT or the index.
On another level the most interesting version is IFT.
The new way is to set their own benchmark so set a return of say...
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Last
$41.78 |
Change
0.250(0.60%) |
Mkt cap ! $15.36B | |||
| Open | High | Low | Value | Volume |
| $41.61 | $42.00 | $41.41 | $15.66M | 374.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4117 | $41.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.90 | 1300 | 1 |
View Market Depth
| Last trade - 16.13pm 26/06/2025 (20 minute delay) ? |
| SOL (ASX) Chart |