As per Mr Jazir above ,
Yes, the only difference seems to be a more concentrated portfolio and higher fees:
HML 2% p.a, 23% performance fee
BHD 3% p.a, 27% performance fee
Maybe it's worth it for 'high conviction'? But worth nothing that the BHD prospectus, while talking mostly about futures contracts, also remains open to unlisted investments.
Ann: Net Tangible Asset Backing, page-53
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)