Happy 5 years anniversary!
Performance since inception 0% vs VGS 45% (just SP not incl div).
Did anyone noticed what's missing between this monthly report and the previous ones?
"Absolute return – targeting 10-15% p.a. through the cycle 1" is not part of the VG1 "philosophy" anymore!
"1 The return objective is to achieve an average compound annual return of 10% to 15% (after all fees and expenses) over a period of more than five years"
Making money is not an objective anymore....
Happy 5 years anniversary!Performance since inception 0% vs VGS...
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