CGF 1.61% $6.41 challenger limited

sorry, I see what you’re saying. I thought with a variety of...

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    sorry, I see what you’re saying. I thought with a variety of different managers that you’d expect 50% of them to receive performance fees purely by chance (ie half of their funds should put perform their relevant index). 
    I guess in their defence a 6% market correction in a given half year wouldn’t be expected - but clearly as you said they’ve forgotten the lesson from business school of under promise over deliver... 
 
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