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clock Created with Sketch. 12/10/18
18:52
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Originally posted by West Coast
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Yeah but that could mean anything! Donald Trump thinks he's balanced. We all think we are balanced it is how Betashares makes its margin you bet 10k at 6000 xjo then sell at 6000 3 months later and lose $700. Goes straight into the pockets of betashares. It's a bit like betting on two teams at $1.91 each on the head to head market. At least the odds are upfront on Sportsbet etc. Betashares website is dishonest not upfront about how it works in my opinion of course. I'm sure on page 271, third paragraph of the perspectus the details are there hidden in jargon no accountant could ever understand.BetaShares Australian Equities Strong Bear Hedge Fund OBJECTIVE
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Don't know if this helps, but your cut and paste says "S&P/ASX 200 Accumulation Index" which as you would know, includes dividends. The ASX200 index does not include dividends, which is the underlying index for SPI Futures - there are no futures with the underlying index being the Accumulation Index (Total Return Index). Apples versus Oranges maybe ? They're both round and are fruit... but taste different. cheers
Last edited by
5speed :
12/10/18
(20min delay)