I think it's the other way around. LICs often underperform in bull markets due to conservative stock holdings and use of cash but outperform in bear markets by not holding high PE ratio stocks that get slammed the most and also holding more cash. The WAM funds sometimes hold 30 or 40 % cash, but ETFs are always fully invested so would have to do worse in bear markets
Ann: February 2019 Investment Update, page-12
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Last
$1.37 |
Change
0.005(0.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.36 | $1.400M | 1.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 1555 | 1 |
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| Last trade - 15.59pm 14/11/2024 (20 minute delay) ? |
| WLE (ASX) Chart |