BTI 2.89% $1.18 bailador technology investments limited

One of the dilemmas with a buy-back(and applies to other LIC's)...

  1. 798 Posts.
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    One of the dilemmas with a buy-back(and applies to other LIC's) is fees are paid on FUM so if the pie is shrunk so are the management fees payable to the investment manager.Cynical but true. Not applicable to other sectors.
 
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