I see what you are saying.
The fees are outrageous.
BUT, they have been earning the fees since the major rout you made reference to.
LSF, similar to RF1 are true hedge funds. Naturally, they are going to have a lot higher fees.
No one can blame you for switching to a passive ETF. The stats don't lie... 80% of active managers fail to beat the benchmark over the long term.
Personally, I keep some funds in active managers like L1 and Regal - because they have shown they can outperform. But it's definitely a risky bet.
I see what you are saying.The fees are outrageous.BUT, they have...
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Last
$3.18 |
Change
-0.030(0.93%) |
Mkt cap ! $1.991B | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.22 | $3.18 | $954.1K | 298.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 21558 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 37863 | 9 |
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| Last trade - 12.35pm 26/06/2024 (20 minute delay) ? |
| LSF (ASX) Chart |