Problem is when they underperform, They collect fees.
Then when they outperform they take fees out of the profits without even making up for the prior underperformance first.
Managers guaranteed to get rich, while investors get market like returns... If they are lucky.
Ann: Strong invest. port. outperformance, high interim dividend, page-36
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Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $1.751B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.56 | $1.55 | $1.687M | 1.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43326 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 19086 | 1 |
View Market Depth
| Last trade - 15.53pm 16/06/2025 (20 minute delay) ? |
| WAM (ASX) Chart |