Ann: Unadjusted Net Tangible Assets, page-12

HML is smashing it, that is true. Doesn't mean you don't need some protection and diversity for when HML falters. AEG is a completely different beast to HML, and offers limited downside throughout its history.

What we have here, is a battle of market predictions and directions. HML and Stuart are firmly in the bullish corner (having previously stated ASX could run to 10,000), and AEG Regal WAM Geoff Wilson WMK ALF in the bearish corner. I'd have thought Geoff Wilson's record, along with the others, speaks for itself. Be careful with the largest unwind of cheap money ever, and have plenty of cash on hand!

I'll stick with AEG thanks.