WGF 0.00% 98.5¢ watermark global leaders fund limited

Came across this fund today while doing research. Wowser...ugly...

  1. 200 Posts.
    Came across this fund today while doing research. Wowser...ugly stuff.

    They are obviously positioned for a fall, but is there any indication they would beat the cash rate even in a falling market :S?
 
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Currently unlisted public company.

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