lets keep an eye on this doggie since inception and compare apples with apples...
Since inception, this TGF doggie has returned negative 16.59% compared to the SPDR S&P/ASX 200 resources fund that has returned positive 28.25%. So a difference of 45% since inception.
To be lucky enough to invest in the TGF doggie, clowns investors will pay 1.2% plus 15% of every return over zero as a "performance fee" for this very skilled manager being able to generate anythign above zero. Very tough when you can earn 5% in a bank account. Unfortunately he has failed so far but plans are in place to help him get above zero by giving him more money. Its a genius move.
Those not lucky enough to invest in the doggie fund can always invest in the SPDR S&P/ASX 200 resources fund and pay only pay 0.34% and no performance fees. That fund makes money but it does not have the incompetance skill and grift marketign that the doggie fund has.
TGF Price at posting:
$2.01 Sentiment: Sell Disclosure: Not Held
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