it is reset every six months, june and december. watermark is unit price when last performance fee was paid, it is not indexed to market.
past under performance does not need to be made back up.
maybe read the PDS more clearly.
like @thebarry111 said. it stinx.
it is reset every six months, june and december. watermark is...
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.773B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.76 | $9.63 | $365.8K | 37.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1076 | $9.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 328 | 8 |
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| Last trade - 10.25am 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |