About the 0.8% management fee, how exactly is this paid? Does the 0.8% just get taken out if the value of pl8 portfolio? Like it does in ETFS?
say you hold pl8 for 20yrs that's 16% of value of the portfolio that is now been paid to management right?
or is this not how it works?
does it still make pl8 a good long term 10yrs + buy and hold proposition? Or does the fee eat away too much value over the long term to make it a viable long term buy and hold investment?
all opinions wanted guys
Ann: Net Tangible Asset Backing, page-16
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