Yes Cutty I agree they keep performing well, so I've held off...

Yes Cutty I agree they keep performing well, so I've held off from selling any. I also think with markets as high as they are at this stage etf's may not perform as well as they have and being a managed fund could be worth the costs during a correction period. That watermark fee kills me though, if it was 20% above inflation, or basically any comparison I would hold forever. Just hard to pay that 20% for nothing if they don't outperform the market. I guess I will have to do a comparison after fees every year or so and decide.