I don't care what the fund is called but no doubt it's likely to change with "The Plan", however of more interest is whether or not the management fees change. Previously reasons given for being locked into paying high fees to HHL was the original contract agreed during the fund setup couldn't be broken. Surely changing the fund manager so significantly as the merger with Pengana should constitute a break condition and allow renegotiation?
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- Ann: Net Tangible Asset Backing - 21 April 2017
Ann: Net Tangible Asset Backing - 21 April 2017, page-8
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