1) their performance has been awfu
l2) even if they do beat the market before fees, they won’t be after fees
3) even if they show performance, it will be shown in such a way that you don’t see the true performance
GW talks all shareholder value and ethics and all I can see is him lining his own pockets
I remember going to one of the WAM AGM many years ago and all the oldies loved him and GW said he will be very surprised if he doesnt beat the market over the next decade, he didnt mention if that was before fees or after fees.... not that it matters tho.... WAM is a joke....
WAM consists of less than 1% of my portfolio so dont really care..... but its funny watching these clowns talk all the S$#t.... lolz
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