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Ann: Announcement of New Mandate, page-5

  1. 719 Posts.
    lightbulb Created with Sketch. 38
    I think RE fees are typically between 6-12bps pa.
    Let's say 8bps, noting there's obviously some added costs involved in being the RE
    That's 800k revenue per year.
    Not bad but not entirely game changing.
 
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