SNC is also one of the pro-bono fund managers in FGX, founded by Geoff Wilson.
Currently manages 5.6% of the fund.
I have often wondered why SNC is kept on there given its performance and that other under-performing managers have been culled.
Interestingly, the head of SNC, is a director and Investment Committee member of FGX.
What a coincidence!
Ann: Net Tangible Assets as at 31 October 2022, page-8
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