Yeah, you try and point out the bleeding obvious but to no effect. You try and help them from falling into the same hole that you fell into, but they close their eyes and keep walking ! Caveat Emptor I guess. Cap, a folder you may be interested in under Listed Funds .. Eley Griffiths Group. (heading only) a good little conversation about possibilities in the Listed Fund and also Share picking space. Stumpedup started it and some great info. FYI ! Your input would be welcome ! I guess someone has to be on Geoffreys side, but most share the much the same opinion re the WAM funds ATM. They have certainly lost the plot (and momentum) and perhaps even performance for some reason; which in in some part may be because they dont explain their monthly performance in any detail any more or emphasize their winners and/or losers and the reasons for their picks ? Certainly a disappointing change in almost every aspect. For such a strong advocate for LICs, WAM, by its poor performance, seems to be encouraging people to leave ?
WAM Price at posting:
$1.48 Sentiment: None Disclosure: Held
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