Some people aren't suited for investing in active managers.
I am guilty. I find it very hard, considering the fees, to stick with a manager if they are falling behind the benchmark.
I remember how bitter I was when LSF went belly up after the float. Now it's one of the best performing funds in the country.
Personally, I have moved a lot of money (not that there is much) into passive products - where there is no one to blame - just the market.
However, there are a select few managers I am happy to ride out the bumpy waves - being L1, Regal, Greencape and Ophir (noting I was p... off with Ophir how the last DRP was handled).
At the end of the day, Ophir has grown and so have the personnel. I think every investor would prefer their undivided attention - but it's not practical.
Some people aren't suited for investing in active managers....
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Last
$2.70 |
Change
0.010(0.37%) |
Mkt cap ! $601.0M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.71 | $2.69 | $282.0K | 104.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6408 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.71 | 3830 | 5 |
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| Last trade - 13.44pm 04/10/2024 (20 minute delay) ? |
| OPH (ASX) Chart |