Thanks for posting and apologies to Cacao and others, but I wanted to follow up on this saga as it has been running for way too long...
WAM does look good, but it trails the ASX200 over 1 and 3 years (by 11% and 15%), although beats the index by around 30% over 5 years. It also trades at a 10% premium to NAV, so may disproportionately suffer in a market fall.
I don't see anything it it's performance that warrants boasting about the superior returns generated by shorting and as ever i would argue that the low cost Vanguard type index tracker would provide a much better return than the higher fee WAM.
But if it works for you Bob, as a long term investor, congrats, but that doesn't make ACR a bad investment IMHO.
GLTA Wazz and apologies again to the traders!
ACR Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
