There's a management fee on assets AND a 20% performance fee.
The 20% performance fee is payable even if the fund underperforms against its peers or against an index.
It rewards luck rather than skill.
IMO that's what the market dislikes.
None, Not Held
There's a management fee on assets AND a 20% performance...
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Mkt cap ! $52.23M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $15.6K | 120K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 306827 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 131439 | 3 |
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| TEK (ASX) Chart |