My understanding is you pay a 1.5% management fee no matter what happens in terms of % change in stock value, up or down.
Performance is the relative to the benchmark as per the PDS. Say it outperforms the benchmark by 5% they will charge an additional fee of 0.5% or 1/10th of the total out performance.
5%/10 = 0.5%
0.5% (out performance fee)+1.5% (management fee) = 2% (total fee.)
My understanding is you pay a 1.5% management fee no matter what...
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Last
$8.74 |
Change
0.000(0.00%) |
Mkt cap ! $1.579B | |||
| Open | High | Low | Value | Volume |
| $9.10 | $9.27 | $8.62 | $9.463M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $8.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.74 | 19755 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$8.75 |
Change
0.000 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $9.11 | $9.23 | $8.62 | 128254 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| MFG (ASX) Chart |