NTA under-performing the index by 5.41% PA since inception. The story is much worse when comparing the share price which has investors in the red at the end of a bull market. Look at the annual report, approx 73% of the portfolio is in ETF's, so you have fees for those ontop of the 1.25% management fee. One of the reasons investors chose an LIC is for active management, if they are just going to dump it into ETF's then why bother.
NTA under-performing the index by 5.41% PA since inception. The...
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Last
98.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.73M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 97.3¢ | $98.55K | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25671 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 14574 | 1 |
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