It's not the skill of the management it's just bad timing as there higher risk stuff fell over, that's all.
Although you could argue BLD australia may be poor analysis as the company will be hit with much higher power costs, ABC would have been the better bet for that strategy... maybe....
One thing to be mindful of is the 1.4% fee, even if the fund goes nowhere or down............
It's not the skill of the management it's just bad timing as...
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