Looking at performance comparison, since FPC listed the share price has gone up 4.5% with paltry dividends averaging around 1%.
In the same time, AFIC has gone up 49.1% with consistent dividends of around 3%.
To be beaten in performance by more than 1000% by a large conservative LIC is beyond embarrassing when Angus and Fat Prophets breathlessly said they were going to "hunt the herd" and other rubbish marketing hype.
Angus Geddes, Michael Gallagher and Katrina Vanstone, stop embarrassing yourselves with your atrocious underperformance and wind up the fund. The FPC has been a disastrous performer for me and most other shareholders.
WIND IT UP!!!
FPC Price at posting:
$1.15 Sentiment: None Disclosure: Held
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