People are paying a premium based on the long term performance of the fund (WAM). There is also a reluctance (generalisation) of people to buy into active funds based solely on large caps, which can generally be obtained through cheaper index style funds. Lets face it, people aren't too attracted to buying into a fund charging 1% (and performance fees) for exposure to companies in the ASX200 which they can get for .07%. Generalisation, yes.
People are paying a premium based on the long term performance...
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Last
$1.48 |
Change
0.000(0.00%) |
Mkt cap ! $1.642B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.49 | $1.47 | $1.236M | 836.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 301188 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 2240 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.48 |
Change
0.000 ( 0.34 %) |
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| Open | High | Low | Volume | ||
| $1.48 | $1.49 | $1.47 | 551524 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| WAM (ASX) Chart |