LSF 1.77% $2.88 l1 long short fund limited

Seems to me this is definitely not for you. I understand that...

  1. 592 Posts.
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    Seems to me this is definitely not for you. I understand that paying for positive performance once they get above NAV is a unusual, but in reality for this kind of fund it is actually not. Frequently they will use cash or 90 day bills as a benchmark. Quibbling over little numbers.

    Pure and simple. If they perform, they get paid. If they don't, they get fired.
    You also have a choice. You bought into a fund in the knowledge that if they performed you had to pay for it.
    Once again, if you don't want to pay for performance, buy an ETF. I think VAS only charges about 0.10%.
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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