Iv been watching future generation for a while and think the problem lies in the fact that the average fund manager underperforms their benchmark. Therefore its statistically unlikely that a fund of fund managers will outperform. Far too diluted with good strategies and performance of some offsetting bad performance of others.
Most fund managers manage portfolios that are far too diluted with not enough conviction and convoluted strategies, using options, micromanaging, shorting, hedging, trading in and out trying to justify their paycheque, jumping at shadows, chasing quarterly results with high fees, cap gains and rebalancing costs etc. just kills the average fund managers returns.
i think the only reason to invest in future generation would be as the management fee goes to charity.
Iv been watching future generation for a while and think the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FGG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.32 |
Change
0.000(0.00%) |
Mkt cap ! $525.5M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.34 | $1.31 | $450.8K | 340.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 33000 | 1 |
View Market Depth
| Last trade - 15.58pm 12/07/2024 (20 minute delay) ? |
| FGG (ASX) Chart |