Mate you are spot on with everything you say. Angus Geddes, Michael Gallagher and The Fat Prophets brand have zero credibility with their ongoing atrocious underperformance and pathetic excuses.
If they had a shred of integrity they would wind up the fund and return the money to their shareholders. Instead they are too busy gouging themselves on their management fees.
i just had a look at their reviews on Google - wow. There's a lot of other angry people out there as well with them. No wonder when they've lost their investors so much money, who have also suffered opportunity costs by having their money tied up in these terrible funds.
FPC Price at posting:
99.0¢ Sentiment: Sell Disclosure: Held
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