Broker fees are not as relevant as that is part of the strategy, i:e they make trade more trades with the 'belief' that those trades will provide better performance. (whether that is the case is another story)
What matters most is - management fees - performance fees - operating expenses ( vs the FUM size)
Fees and expenses here are a joke, but fees on any new out-performance are currently off the table , they have a cushion of tax free profits and their discount is above their historical average.
Also as useless as they are, they are likely running well below expected returns and it's unlikely they can reproduce this level of underperformance going forward. haha
Everything has a price.
TGF Price at posting:
$1.26 Sentiment: Buy Disclosure: Held
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